1, different charging methods
The charging method of monetary fund class A is subscription front-end charging, and no sales service fee is charged; There is no front-end subscription fee for monetary fund class B, but there is a sales service fee; Category C of the Monetary Fund has neither subscription front-end fees nor sales service fees. Relatively speaking, the subscription front-end fee is greater than the sales service fee, that is, the transaction fee of monetary fund class A is the highest, followed by class B and class C is the lowest. It should be noted that all three types of monetary funds have fund management fees, and the charging standards of these three types are unified.
2. The starting point of subscription is different.
The minimum starting point of category A of the Monetary Fund is 100 yuan, the starting point of category B of the Monetary Fund is 1 10,000-5 million yuan, and the starting point of category C of the Monetary Fund is more than 5 million yuan.
For example, if we use 1 0,000 yuan to buy a class A monetary fund that is not used for a short period of time, the fund company will naturally charge it according to the front-end subscription fee standard of class A. If the fund is increased to 1 0/0,000 yuan, the fee standard of the fund company will be automatically changed to the sales service fee of class B, which will be much less.
In fact, there is no essential difference between the three types of ABC money funds in fund operation, management, redemption, dividends and so on. The main reason is that fund companies set different fees for different investment amounts, but if they are graded funds, their ABC types are essentially different. Tips: Financial management is risky, and investment needs to be cautious.