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Introduction to various expenses of fund transaction
Subscription fee

The subscription fee is the subscription fee that investors need to pay when they purchase during the subscription period; If a subscription occurs during the subscription period, the subscription fee shall be paid. Usually the subscription fee is slightly lower than the subscription fee.

Subscription fee

Refers to the handling fee paid by investors when they purchase fund shares from fund managers during the fund's existence.

Front end subscription fee

Front-end fees refer to the subscription/subscription fees paid by investors when they subscribe or purchase funds. Usually according to the purchase amount.

Backend subscription fee

Back-end charges mean that investors don't have to pay subscription/subscription fees when they subscribe or purchase funds, but pay them when they redeem them. The longer the fund holding period, the lower the subscription/subscription rate until it is zero.

Redemption fee

Refers to the transaction fees paid by investors when redeeming funds. Usually it will decrease according to the holding period of the fund.

Conversion fee

The conversion fee refers to the fee that investors have to pay to convert one invested fund into another between different funds managed by the same fund manager. Under normal circumstances, the conversion rate is more favorable than the redemption before purchase, whether it is the mutual conversion of stock funds or the conversion between stock funds, mixed funds and bond funds.