No, the on-site fund management fee is accrued in the fund assets every day and paid every month, and is not charged separately to investors, so it is not deducted every day.

On-site funds refer to funds traded on the stock exchange. On-site fund expenses include buying fees, selling fees and operating fees (including management fees, custody fees and sales service fees). The charging standard of trading fee varies from securities company to securities company, and it will not exceed 3 ‰ of the transaction amount, with the lowest single charge in 5 yuan and less than that in 5 yuan, 5 yuan.