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How long does the fund hold and sell without charge?
When trading funds, most funds need to charge subscription and redemption fees, so frequent trading of funds is not recommended. The fund rate decreases with the extension of investors' holding time. The longer the fund is held, the lower the cost, and the lowest can be zero. Holding for 7 days has the highest selling fee, so how long does the fund hold for selling without charging fees? Let's take a look together.

How long does the fund hold and sell without charge?

There is no handling fee for selling funds that have been held for more than 730 days, but it is still subject to the actual selling rules of each fund, and some fund regulations may be different. When the Fund is sold, the handling fee rate for holding the Fund for 0 -7 days is1.5%; The handling fee rate for holding the Fund for 7 days (inclusive) -30 days is 0.75%; The handling fee rate for holding the Fund for 30 days (inclusive) -365 days is 0.5%%; The handling fee rate for holding the Fund for 365 days (inclusive) -730 days is 0.25%; The handling fee for holding the Fund for more than 730 days (inclusive) is 0, and it is inevitable to hold the Fund for one month, with a handling fee rate of 0.5%.

Source: Alipay

After the fund is bought, it is recommended to hold it for at least 7 days before selling it, otherwise the handling fee may be higher than the income. The fund is held for 7 days, including weekends or holidays. Funds not only need to charge for selling, but also need to charge for buying, but some funds don't need to charge for buying. In addition, if you are an investor who likes short-term operation, it is recommended to buy a class C fund. The transaction fee of such funds will be relatively low, suitable for short-term holding, while Class A funds are suitable for long-term holding, and the handling fee is relatively high.

There are many fund consignment platforms, such as Alipay, WeChat, Tian Tian Fund Network and other fund transaction rates are preferential rates, and the preferential strength of each consignment platform is different, so the subscription and redemption rates of different fund consignment platforms may be different.