Banks and securities companies belong to the fund's agency, and the rate is usually set by the fund. Through the online transactions of fund companies, you can generally get 60% or 40% discount. However, the types of funds are different from the regulations of fund companies, so you need to make a specific inquiry on the fund company's website.
2. Fund transfer can only be made with a single fund company?
The fund seems to have only subscription, subscription and redemption. Redemption is the withdrawal of funds, and there is no transfer. The fund varieties of the same fund company can be converted. The conversion fee consists of two parts: the supplement of the subscription fee for the transfer-out and transfer-in funds and the redemption fee for the transfer-out funds. The specific charge depends on the difference between the subscription rates of the two funds and the redemption rate of the fund transferred out at each conversion.
Subscription: refers to the behavior of fund investors to purchase the fund shares of the fund during the fund raising period;
Subscription: refers to the behavior of fund investors to purchase the fund shares of the fund after the fund contract takes effect;
Redemption: refers to the behavior that the fund share holder asks the fund manager to buy back the fund share of the fund according to the conditions stipulated in the fund contract after the fund contract takes effect;
3. What do you mean by front-end and back-end charges?
There are two kinds of fund fees-front-end fees and back-end fees. Each fund has front-end and back-end fund codes according to different charging modes. The front-end charge is to collect the subscription fee from the total amount at the time of subscription, and the balance is converted into fund shares according to the net value of the day, and the rate is discounted step by step according to the size of your subscription amount at that time; The back-end charge is to directly convert the total subscription amount into the fund share according to the net value of the day, deduct the subscription fee from the redemption amount at the time of redemption, and gradually reduce the rate according to the length of time you have held the fund; Regardless of the front-end charging mode or the back-end charging mode, the redemption fee is charged at the time of redemption. According to the length of time you hold the fund, the redemption rate is gradually reduced to zero. Money funds also have front-end and back-end charging models. However, because the money fund does not charge subscription/subscription and redemption fees, there is no difference between the front-end and back-end fees. When doing conversion business with other funds, it should be noted that the front-end code cannot be converted with the back-end code of other funds, and only codes with the same charging mode can be converted with each other. Subscription period refers to the raising period when the fund is not established. Under the same conditions and the same charging mode, a more favorable rate will generally be given than the subscription period after the establishment of the fund.