there is no charge, only the back-end charge. Fund fees are divided into front-end fees and back-end fees. Among them, the front-end charge means that when you subscribe and purchase funds, you must pay the handling fee; Back-end charge means that you don't need to pay the handling fee when you subscribe and purchase the fund, but you pay the handling fee when you redeem it, and the handling fee decreases year by year with the increase of the number of years you hold the fund; For details of front-end and back-end fees, please consult the relevant announcement information of fund management companies.

the bond market is not good this year, because of inflation expectations, the price has fallen.