The fund management fee is charged annually. The fund management fee is calculated at the annualized rate, but it is accrued daily and paid regularly. It is not paid once a year, but the fund is not charged to investors alone, but deducted directly from the fund assets, and the net value of each transaction is deducted from the management fee.

Fund management fee is the main source of income for fund managers, and fund managers' fees cannot be spread into funds or fund companies, nor can they be charged to investors.