Why don't some funds charge subscription fees?
Monetary funds and class C funds do not charge subscription fees. The money fund does not charge fees, but accrues daily management fees. Class C funds do not charge subscription fees, but have sales service fees.
Class c fund is a kind of fund, which is not much different from class a fund. The investment target and management fee are the same, and the short-term income is not much different. Class C funds do not charge subscription fees, and redemption fees vary according to the holding time of the funds. The longer you hold it, the cheaper the redemption fee will be. Class C funds collect custody fees, management fees and sales service fees, which are not collected from investors alone, but are accrued in the fund assets.