For example, the following two funds 00 12 16 and 00 12 17 are actually the same fund.
If you don't believe me, you can look at their top ten positions:
The top ten of 0 1 12 16 are as follows:
The top ten of 00 12 17 are as follows:
00 12 16 and 00 12 17 are exactly the same?
If we want to calculate the scale of this fund, we need to add up Fund A and Fund C, and the total scale is 548+4.76 =10.024 billion yuan.
Let's talk about why a fund should be divided into two charging methods.
Mode A requires subscription fee and redemption fee. At first, the fund company only set the charging method of mode A, but many investors like to keep buying and selling. According to statistics, most people hold a fund for less than 3 months.
In order to meet the needs of investors, the fund company has set up the charging method of C mode. The C mode does not need to charge subscription fee, and the redemption fee is cheaper, but it adds a sales service fee, which will be evenly distributed to the daily net value, which is very suitable for short-term friends.
Let's compare the differences between 00 12 16 and 00 12 17 in detail:
00 12 16 (mode a) The subscription fee is as follows, less than 1 ten thousand yuan, and the subscription fee is 0. 12%.
001217 (mode c) The subscription fee is 0 regardless of the subscription amount.
The redemption fee for 001216 (mode A) is as follows:
The redemption fee for 001217 (mode c) is as follows. More than 7 days will be cheaper than 00 12 16, and more than 90 days will be free, suitable for short-term operation:
The management fee is the same as the custody fee. 001216 (mode A) has no sales service fee, while 0017 (mode C) has an additional sales service fee of 0.2% per year, which is about 0.0 16 per trading day.
Suppose you only invest in this fund for three months (90 days), and the total cost of buying the fund is * * * (calculated by less than 1 10,000):
1. The subscription fee is 0. 12%.
2. The redemption fee is 0.5%.
3. The management fee is 0.6% per year, which is 0. 15% in three months.
4. The custody fee is 0.2% per year and 0.05% for three months.
The total * * * is 0.12%+0.5%+0.15%+0.05% = 0.82%.
Suppose you only invest in this fund for three months (90 days), and the total cost of purchasing Fund C (calculated by less than 1 10,000):
1. The subscription fee is 0%.
2. The redemption fee is 0%.
3. The management fee is 0.6% per year, which is 0. 15% in three months.
4. The custody fee is 0.2% per year and 0.05% for three months.
5. The sales service fee is 0.2% every year, which is 0.05% in three months.
The total * * * is 0. 15%+0.05%+0.05%=0.25%, which is far lower than the cost of buying a fund.
However, the subscription fee and redemption fee are only charged once, and the sales service fee is charged daily. Although the base number is small, many a mickle makes a mickle. For more than a year, it is generally more expensive to buy a C fund.
Therefore, it is more cost-effective to choose C for short-term investment and A for long-term investment.
If you don't plan to invest for a long time, then choose C first, because investors with poor planning are easy to think about selling when they encounter a little trouble.
Public/WeChat official account: Tao Ge investment notes, daily dry goods sharing.