In the process of fund operation, there are some necessary expenses that need to be borne by the fund, among which fund management fees and fund custody fees are the main expenses paid by the fund.

The management fee in the fund is the management remuneration paid to the fund manager, and its amount is generally extracted from the fund assets according to a certain proportion of the net asset value of the fund.

Now the fund manager is the manager and user of the fund assets, which plays a decisive role in maintaining and increasing the value of the fund assets. Therefore, the proportion of fund management fees charged is higher than other expenses.

Fund management fees are the main source of income for fund managers, and fund managers' fees cannot be spread into funds or fund companies, let alone collected from investors. In foreign countries, the fund management fee is usually paid regularly according to a certain proportion (annual rate) of the fund's net asset value on each valuation date.