Under normal circumstances, there is a need to pay a certain handling fee when making fund investments. Fund investments can be divided into front-end fees, back-end fees and sales service fees. For some fund novices, when trading funds, it is often unclear why the funds should be deducted when they are sold. Here is a detailed introduction to the specific reasons.

why is there so much money deducted from fund sales?

1 Under normal circumstances, when investors sell funds, they often charge a certain redemption fee according to the holding period of the funds. For those with a period of less than seven days, they will charge a redemption fee of 1.5% of the turnover, which will lead to more money to be deducted from the fund sales;

2 for some back-end fee-based funds, in addition to the redemption fee, there may be a subscription fee, which will lead to an increase in the cost of fund sales.