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What's the difference between Guangfa Tian Li currency A and B?
Money funds A and B are actually the same fund, but there is a difference between the minimum subscription share and the sales service fee. The minimum subscription share of Monetary Fund A is generally 1 000 (1 000 yuan), and that of Monetary Fund B is generally 1 000 yuan (1 000 yuan). The sales service fee of Monetary Fund A is slightly higher than that of Monetary Fund B, and the dividends of all Monetary Funds B are slightly higher than that of Monetary Fund A. The sales service fee of general fund companies to Monetary Fund A is 0.25%, and that of Monetary Fund B is 0.0 1%. Many people think that the dividend of Monetary Fund B is higher than that of Monetary Fund A because of the different fund management fees. Actually, this is a misunderstanding. The management fee and custody fee of money fund A/B are the same, but the sales service fee is different.