The difference between the two is that the subscription fee is different, the sales service fee is different, and the appropriate holding time is different.

① Class A index funds charge subscription fees at the time of subscription, and are exempt from redemption fees after two years of holding, while Class C index funds do not charge subscription fees.

② Class A index funds are exempt from sales service fees, while Class C index funds charge sales service fees, generally 0.4%.

③ Compared with Class A, C has lower selling and subscription costs, but requires management fees, which is more suitable for short-term investment, while Class A is more suitable for long-term holding.

What is an index fund?

Index fund refers to a fund commodity that takes a specific index value as the benchmark index value, takes the constituent stocks of the index as the investment target, constructs asset allocation according to all or part of the constituent stocks of the index, and tracks the benchmark index value.