With the continuous growth of the basic people, the new basic people know very little about the investment of the fund, not only how to distinguish the investment classification of the fund, but also how to calculate the holding cost of the fund. Today, the wealth manager will talk to you about how the fund holding cost is calculated.

The holding cost of the Fund consists of subscription fee/subscription fee (the initial issuance is called subscription, and the subscription after issuance is called subscription), management fee and redemption fee/selling fee.

Different funds have different holding costs. According to the risk level, money funds have the lowest expected return, simple operation and the lowest holding cost, followed by bond funds, and stock funds have the highest holding cost because of their complex management and high requirements.

Next, the financial manager will take the common stock fund as an example to analyze the holding cost of the fund.

For example, the financial manager thinks that the current market has the potential to rise further, so he buys the stock fund 10 120000 yuan. The current net value of the Fund is 65,438+0 yuan, the subscription fee is 65,438+0.2%, the management fee is 65,438+0%/year, and the redemption fee is held for no more than 65,438+0 years. After holding this fund for 1.5 years, it will be redeemed at the price of 1.2 yuan.

Holding cost = subscription fee+management fee+redemption fee = 65438+ million * 1.2%+65438+ million * 1%+ 1.2% = 3640 yuan.

Profit =65438+ million * 1.2-3640= 16360 yuan.

Through the above cases, we will find that the holding cost of the fund is directly proportional to the holding time. The longer the holding time, the lower the redemption fee, so the fund is not suitable for short-term investment in the conventional sense.