The difference between class a and class b of monetary fund
1 For different groups: Class A money funds are mostly open to retail investors, and the reserved share is often below100000; Class B money funds are prepared for institutional investors, and generally require a fund share of more than 6,543,800+million;
2 Different investment thresholds: the investment threshold of Class A money funds is relatively low, generally 1 10,000 yuan; The investment threshold of Class B money funds is relatively high, usually 5 million yuan.
3 The sales service fee is different: the sales service fee of Class A money funds is 0.25%; The sales service fee of Class B Monetary Fund is 0. 1%.