The fees charged by each money fund may be different, but they are all kept at a very low level. For example, the currency of ICBC is only 0.68% a year, while the cash income of Tian Hong is only 0.63%. The percentage here is the annual rate, which is calculated every day, accrued every day and paid regularly (for example, monthly).

All kinds of funds are the same. Management fees, custody fees and service fees have been deducted from the net value. Calculate the income of 65,438+00,000 copies held for one year, deduct it every day according to the net asset value of the fund and the stipulated rate, and pay it to the fund company as a reward one month later.

The money fund will settle accounts once a month (not necessarily at the end of the month, but maybe 15 every month). If dividend reinvestment is selected, the income of last month will be converted into shares and directly added to the fund shares.

At present, the money fund management fee is 0.33%, the bond fund is usually about 0.65%, and the stock fund is usually between 1%- 1.6%. The management fee is accrued daily and paid by the custodian to the fund manager in one lump sum from the fund assets at the end of the month.

The management rate of extended data is related to the fund size, generally speaking. The larger the fund scale, the lower the fund management fee rate. But at the same time, the fund management fee rate is also related to the fund category and different countries or regions.

Generally speaking, the higher the fund risk, the higher the fund management fee rate, among which the fund with the highest rate is the securities derivative fund, such as the annual rate of the warrant fund is 1.5%-2.5%. The lowest is the money market fund with an annualized rate of only 0.5%- 1%. The annual management fees of other funds announced by the Hong Kong Fund Association are: 0.5%- 1.5% for bond funds and 0/%-2% for equity funds.

In developed countries and regions such as the United States, the annual management fee of the fund is usually around 1%. However, in some developing countries or regions, the proportion is higher. For example, the annual fund management fee rate in Taiwan Province Province is generally 1.5%, and the annual fund management fee rate in some developing countries even exceeds 3%.

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