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What is the general handling fee for purchasing Alipay Fund?
Alipay has the function of fund investment. We invest in Alipay and need to pay the handling fee. Many investors who have just started investing in funds don't understand the rules of charging fees for Alipay funds. Do you know the general handling fee for purchasing Alipay Fund?

What is the general handling fee for purchasing Alipay Fund?

The handling fee of Alipay Fund mainly includes subscription fee, redemption fee, sales service fee, custody fee and management fee. Different types and companies have different fund rates. Take Tian Hong CSI Medicine 100 Index as an example:

1 subscription rate: 0. 1%.

2. Redemption fee rate: the rate for holding for less than 7 days is 1.5%, which will be reduced later.

3 Sales service fee: 0.25% (per year).

Management fee: 0.5% (per year).

5 Custody fee: 0. 1 (per year).

It should be noted that investors do not need to pay all the above rates. Funds mainly have two charging modes: Class A and Class C, and both types of funds have to charge custody fees and management fees. In addition, investment in Class A funds only requires subscription fees and redemption fees, while investment in Class C funds only requires sales service fees and redemption fees.

The above is about the sharing of fund content, I hope it will be helpful to everyone.