When choosing fund products, we will find that many funds are always followed by some letters, most of which are ABC. Many investors in investment funds know nothing about this. So what does the letter after the fund mean?

What does the letter after the fund mean?

In different types of funds, letters have different meanings, as shown below:

1 A and C of OTC open-end funds represent two charging modes respectively. A needs subscription fee, but there is no sales service fee, and C does not need subscription fee, but will charge sales service fee.

2 A and B of the Monetary Fund represent the subscription threshold, in which A's threshold is very low, and B's threshold is much higher than A's, A is mainly for retail investors, and B is mainly for institutions or large investors.

3 A and B in the graded fund represent different shares, among which A is steady, B is radical, and B has certain leverage and high risk.

The above is the meaning of the letters after the fund. Want to get more fund content, please pay attention.