According to the relevant laws and regulations of our country, the money fund does not need any formalities when purchasing. In addition, the money fund does not need any subscription and redemption fees, but for the money fund, it will charge a certain management fee, custody fee and sales service fee. In short, the fees charged by each money fund are different, but these fees are calculated every day, collected regularly, deducted from the total assets of the fund and will not be invested.
The status of the Monetary Fund in China is also very high, which has attracted more and more attention. Many people are willing to buy money funds mainly because their assets, investments and risks are relatively small. The biggest feature of the money fund is that the risk is too small, the liquidity is high, and the income stability is relatively strong, which has created many people who are willing to buy the money fund and added an extra guarantee for their lives. However, in fact, although the risk of the money fund is very small,
To sum up, we can understand that the money fund does not need any formalities and redemption fees during the subscription process, but the money fund will charge relevant management fees during the relevant management process. We must know the source and use of these expenses. Only in this way can we better buy money funds and make better investments.