If you hold the fund for 10 years, you need to pay the management fee of 10. Generally speaking, the management fee of the fund is between 1%-2%, and some are as high as 3%. Take a fund with a management fee of 1.5% as an example. Assume that the investment principal is 654.38 million yuan, the annual management fee is 1500 yuan, and the total management fee for 10 is 15000 yuan. It should be noted that the management fee of this fund is deducted from the fund assets, and the actual income of investors will be deducted from the corresponding management fee. Therefore, when selecting fund products, it is necessary to carefully analyze their management rates and investment returns, and rationally allocate their own investment portfolios.