Fund management fee Fund management fee refers to the fee paid to the fund manager who actually uses the fund assets and provides professional services for the fund, that is, the remuneration collected by the manager for managing and operating the fund. The annual rate of fund management fee is calculated according to a certain proportion of the net asset value of the fund, and the fund management fee varies greatly with different risk-return characteristics, such as 0.33% for money market funds, 0.65% for bond funds and 0/%~1.6% for stock funds. The management fee is accrued daily and paid by the custodian to the fund manager in one lump sum from the fund assets at the end of the month. Fund custody fee Fund custody fee refers to the fee charged by the fund custodian for providing services to the fund, such as the fee drawn by the bank for keeping and disposing of the trust property of the fund. Custody fees are usually drawn according to a certain proportion of the fund's net asset value, which is usually 0.25% at present. They are accumulated daily and paid to the custodian monthly. This fee is also paid from the fund assets and does not need to be charged to investors separately. Please visit /default.aspx for a detailed introduction of the fund.