1. subscription fee: subscription fee is the fee paid by investors when they purchase funds. Usually the subscription fee will decrease with the increase of the subscription amount. According to different fund types and fund companies, the subscription rate may be different, generally between 0.6%- 1.5%.
2. Redemption fee: Redemption fee is the fee paid by investors when they sell funds. The rate of redemption fee is usually related to the holding time. The longer the holding time, the lower the redemption rate until it is zero. The redemption rate is generally around 0.5%, but with the increase of holding time, it will gradually decrease until it is exempted.
3. Management fee: Management fee is the fee paid to the fund management company, which is used to pay the salary of the fund manager and operation team and the operating cost of the fund. The management fee varies with the fund type and fund company, and is generally between 0.3% and 2.5%.
4. Custody fee: Custody fee is the fee paid to the fund custodian bank, which is used to pay for the custody, transaction clearing and accounting of fund assets. Custody rate varies with different fund types and fund companies, generally between 0. 1%-0.25%.
It should be noted that different types of funds and fund companies may charge different fees. Investors should carefully read the fund contract and prospectus when purchasing funds, understand the specific charging standards, and make choices according to their investment needs and financial situation.
In addition, China Merchants Bank can make certain concessions or adjustments to the fund handling fees according to the market conditions, fund types and cooperation agreements of fund companies, and the specific information displayed by China Merchants Bank official website and APP shall prevail.