What's the difference between money funds A and B?
Money funds A and B represent two kinds of subscription thresholds of money funds.
1 money fund a refers to the category with relatively low subscription threshold. The subscription threshold of Monetary Fund A is 100, that is, 100 yuan, but the sales service fee is relatively high.
2 Money Fund Category B refers to the category of money funds with relatively high purchase threshold, while the starting purchase threshold of money funds of Category B is relatively high, usually 5 million yuan, but the sales service fee will be lower.
Many types of foundations use letters to indicate differences. In open-end funds, A and C are mainly used to indicate the different charging methods. In graded funds, A and B are used to represent different types of shares.
The above is about the sharing of fund content, I hope it will be helpful to everyone.