Fund handling fees are deducted from the transaction amount. OTC fund handling fees include subscription fees, redemption fees and operating fees. Subscription fees are charged when the fund is purchased. The subscription fee standards for each fund are different (generally The larger the purchase amount, the cheaper the handling fee (the maximum amount is 1,000 yuan). The redemption fee is charged when the fund is sold. The redemption fee varies according to the length of time the fund is held. The longer the holding time, the cheaper the redemption fee. , or even 0.

Operation fees include management fees, custody fees, and sales and service fees. Operation fees are accrued on a daily basis and paid on a monthly basis. They are not charged separately to investors.

The fund has three stages of possible charges

1. Buying fee rate. There is no charge for buying currency funds, but the normal buying rate for other non-C funds is 0.12%-0.15%, which will be deducted from the purchase amount when buying.

2. Operating rate. The operating rate of a fund mainly consists of three parts, namely management fee, custody fee, and sales service fee. Moreover, this rate is charged daily and is deducted from the client's expected return on the fund. Even for monetary funds, the operating rate is also deducted. .

3. Selling rate. There is no charge for selling money funds. At the same time, there are new regulations for selling this year. If the holding period is less than 7 days, the selling fee rate is 1.5%. The selling fee rate is different for each fund. If the holding period is greater than 7 days, the selling fee rate is different. The selling fee is deducted when the fund is redeemed.

What is a fund?

1. A fund is a collection of funds from many diversified investors, entrusted to fund managers within the fund company, who then buy stocks and other investment products according to their investment strategies. , an investment tool that conducts unified investment management and benefits many investors. Investment funds gather public funds to jointly share investment profits and risks. It is a collective investment method with maximum benefit sharing and maximum risk sharing.

2. Buying funds mainly makes money in the following two ways:

(1) Net value growth: Buying a fund mainly means buying a basket of stocks, and the net value of the fund represents the profit of the stocks. , losses, the growth of net worth will naturally bring investment profits.

(2) Dividends: In accordance with national laws and regulations and the provisions of the fund contract, the foundation distributes income regularly. Dividends received by investors are also an integral part of profits.