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How much is the index fund purchase fee of Tencent Wealth Management?
Tencent wealth management service fee: subscription rate is 0.6%.

Confirmed amount = subscription amount /( 1+ subscription rate)

Subscription fee = confirmed amount * subscription rate

For example:

Buy RMB 1000 before the trading day of 15, and confirm the share on the second trading day. The unit net value of the trading day is 1 yuan, so this purchase is calculated according to the net value of 1 yuan.

Confirmed amount = subscription amount /( 1+ subscription rate) =10000/(1+0.6%) = 9940.4 yuan.

Handling fee = purchase amount-confirmed amount = 10000-9940.4=59.6 yuan.

Purchase share = confirmed amount/unit net value =9940.4/ 1=9940.4.