Redemption fee = redemption share * net value of fund share on redemption date * redemption rate

In the process of holding fund shares, fund companies will also generate the following expenses in the management process:

Management fee: the remuneration collected by the fund manager.

Custody fee: the fee charged by the fund custodian, such as the fee for keeping the fund withdrawn by the bank.

Sales service fee: the fund manager is used to pay the commission, service fee and other expenses of the sales organization.

Of course, not all funds have to charge a sales service fee, which mainly depends on the fund contract you buy.

In addition, among the above fees, some foundations differ in the details of fees, such as rates and forms of collection. Therefore, when buying a fund, you must carefully check the fund contract to find out whether you want to charge these fees and how to charge them.