Difference 1: the purchase threshold is different.
The subscription threshold of Monetary Fund A is relatively low, usually starting from 1 1,000 yuan, ordinary investors can subscribe.
The subscription threshold of Monetary Fund B is relatively high. Usually, the minimum subscription amount is 5 million, which is for investment institutions or large investors.
Difference 2: The service rates are different.
First of all, there is no handling fee for the subscription and redemption of Monetary Fund A and Monetary Fund B, and the management fee and custody fee are the same, but their sales service rates are different. The sales service rate of class A monetary fund is higher than that of class B monetary fund.
The annual sales service rate of the Monetary Fund is 0.25%.
The annual sales service rate of Monetary Fund B is 0.0 1%.
Difference 3: The expected expected return is different.
Although they are the same money fund, the expected returns of A and B are different. Usually, due to the low service rate charged by Monetary Fund B, the expected income is higher than that of Monetary Fund A. ..
Difference 4: The fixed investment threshold is different.
The fixed investment threshold of Monetary Fund A is the same as the subscription threshold. If it is 1 ,000 yuan, then it is 1 ,000 yuan, that is 1 ,000 yuan.
Monetary Fund B does not have this different option, with a fixed investment of 5 million yuan.
The following are the four major differences between money funds A and B, which are essentially the same money funds. Only for different investors, adopt different management methods. For ordinary investors, the products with the letter A after the money fund are the products we need to focus on.