For investors, management fees and custody fees are irrelevant, because when you invest, these fees have been calculated internally by the fund company. More specifically, the net value of the fund you see every day is the net value after deducting management fees and custody fees.

For example, investment No.5 1 0,000 yuan, subscription fee 1.8%, redemption fee 0.8%, and net value of the day 1.0 1.68.

Then,

The subscription fee is 1 ten thousand * 1.8%= 180 yuan.

Subscription share (1 ten thousand yuan-180)/1.0168 = 9657.75 copies.

Upon redemption on 25th, the net value of the day is 1. 1200.

Then,

Redemption fee1.1200 * 9657.75 * 0.8% = 86.53 yuan.

The redemption amount is1.1200 * 9657.75-86.53 =10730.15 yuan.

In other words, from the 65,438 yuan+0,000 yuan you invested on the 5th to the 25th, you earned 730.65438 yuan +0.5 yuan.

Break even when the net value 1.036, and earned 54.29 yuan at that time.

In other words, the bigger your net worth, the more money you earn.