2. Fund subscription fee: refers to the handling fee paid by investors when they purchase fund shares from fund managers during the duration of the fund. At present, the prevailing calculation method of subscription fee in China is: (external deduction method).
Net subscription amount = subscription amount /( 1+ subscription rate)
Subscription fee = subscription amount-net subscription amount
China's "Pilot Measures for Securities Funds of Open-end Investment Funds" stipulates that open-end funds can charge subscription fees, but the subscription rate shall not exceed 5% of the subscription amount. At present, the subscription rate is usually around 1%, and there are corresponding discounts with the size of the subscription amount.