Fund management fee is the main source of income for fund companies, and fund custody fee is the "hard fee" for custodian banks to fulfill their custody obligations. Collect from all fund holders and will not pay separately. Directly deducted from the total assets of the fund. Fund income, fund net value, etc. What we see is the situation after deducting these expenses. The collection time is-every day. These two kinds of fees are annual rates, which are charged on a daily basis.

Specific calculation:

The fund management fee shall be collected by the fund manager. Generally, the management fee of the day is accrued according to the net asset value of the previous day. The management fee is calculated as follows:

H = e× annual management rate ÷ days of the year.

H is the daily fund management fee; E is the net asset value of the fund on the previous day.

The fund management fee is calculated daily, accumulated daily and paid regularly.

The fund custody fee shall be collected by the fund custodian. Generally, the custody fee of the day is accrued according to the net asset value of the previous day. The calculation method of custody fee is as follows:

H = e× annual rate of custody fee ÷ days of the year.

H is the daily fund custody fee; E is the net asset value of the fund on the previous day.

The fund custody fee shall be calculated daily, accumulated daily and paid regularly.