The handling fees generated during the fund transaction mainly include the following items:
For the funds on the floor, the transaction generally only charges a certain commission, and the transaction is two-way. The charging standards of different securities companies may be different, generally not exceeding three thousandths of the transaction amount, and the lowest 5 yuan for a single transaction. Some securities companies don't have the lowest fees in 5 yuan. For OTC funds, transaction costs include: subscription fee, redemption fee, operation fee and so on.
1, subscription fee
Subscription fee = transaction amount * subscription rate. Among them, the subscription fee is related to the transaction amount of the fund, and the larger the transaction amount, the lower the subscription fee; The less the transaction amount, the higher the subscription fee. For money funds and class C funds, subscription fees are generally not charged.
note:
Investors charge subscription fees when they subscribe for funds. In order to raise funds as soon as possible, fund companies generally discount the handling fees. At this time, the subscription fee may be lower than the subscription fee.
2. redemption fee
Redemption fee = transaction amount * redemption rate. Among them, the collection of redemption fee is related to the time when investors hold the fund. The longer they hold the fund, the lower the redemption fee, even 0. The shorter the holding time, the higher the redemption fee. When the investor holds the Fund for less than 7 days, a high redemption fee will be charged according to the charging standard of 1.5%. However, there is no need to charge redemption fees for money funds and class C funds.
3. Operating expenses
Operating expenses mainly include management fees, custody fees and sales service fees. Generally, a certain proportion of the fund's net asset value of the previous day is accrued daily and paid monthly, which is deducted from the fund's assets, and investors do not need to pay separately. However, Class A funds do not charge sales service fees.
What investors need to be reminded here is that different trading platforms have different transaction fees, and their subscription fees and redemption fees may also be different. Therefore, you can make more comparisons before investing, and choose a platform with lower transaction costs to reduce transaction costs.