1. A and B in the monetary fund respectively represent different subscription thresholds. The threshold of Class B is much higher than that of Class A, which is mainly aimed at retail investors and Class B is mainly aimed at institutions or large investors.
2. Among stocks, bonds and hybrid funds, A and C represent different charging modes. Class A funds need to pay the subscription fee, and the redemption fee decreases with the holding time, and there is no need to pay the sales service fee; Class C funds do not need to pay subscription fees when they are purchased, and generally do not charge redemption fees when they are held for 7 days, but they need to pay sales service fees.
3. In graded funds, A stands for steady share and B stands for radical share.
Extended data:
Whether it is A, B, C or A and B, the core difference lies in the subscription fee. If it is the three types of funds of the Agricultural Bank of China, Class A generally represents the front-end expenses, Class B represents the back-end expenses, and Class C has no subscription fees, that is, there is no handling fee for the front-end and back-end; Bond funds classified as A and B generally have subscription fees for Class A, including front-end and back-end, while Class B bonds have no subscription fees.
That is to say, Class A and B funds in the three categories of ABC are equivalent to Class A funds in Class A and B, and are front-end or back-end subscription funds, while Class C funds in Class A, B and C are equivalent to Class B funds in Class A and B, and subscription fees are not charged.
Although some funds have no subscription fee, if you look at the prospectus carefully, there is an additional clause called "sales service fee" in these bond funds without subscription fee. In the prospectus of Huaxia Bond, it is written as follows: "The A/B fund share of the Fund does not charge the sales service fee, and the annual sales service fee of the C fund share is 0.3%.