There are many situations where funds are discounted. It may be due to fund activities, so there are certain discounts on management fees and subscription and redemption fees. However, there are other situations where fund discounts occur.

The first case is that there is competition between funds, so when there are more funds of the same type issued for a period of time, fund companies will discount the fee rate to attract investors. The second case Even when no one is interested in newly issued funds, fund companies will also adopt discount strategies in order to attract investors.