A bunch of doubts were thrown over the computer screen, from which I could feel his bitterness.
I believe many financial managers have the same confusion. Don't worry, let's take a look at the story of the fund suffix ABC today.
According to the different investment objects, funds are also divided into money funds, bond funds, stock funds and other types, and we will explain them in different categories.
I. A, B and C of stock \ hybrid \ bond funds: the charging methods are different.
1, Class A is usually "front-end fee share", that is, the subscription fee is directly deducted at the time of subscription;
For example, Guangfa CSI 300ETF connects to A, and the subscription amount is less than 1 10,000. In principle, the subscription rate is 1.2%, and subscription through a third-party platform only needs 0. 12%. The redemption fee decreases with the increase of the holding period, and the redemption fee is exempted for holding for more than 2 years. The front-end charging mode is the most commonly used fund charging mode for investors at present, and the off-exchange funds that people usually buy are generally the front-end charging mode.
? Second, Class B is usually the "back-end cost share", that is, the subscription fee is not deducted at the time of subscription and deducted at the time of redemption;
The difference between the back-end and the front-end is that the back-end subscription fee is not deducted, but will be deducted when redeemed, and the subscription rate will also decrease with the increase of the holding period; The redemption fee of the back-end fee share is the same as that of the front-end fee share, and decreases with the increase of the holding period. However, not all fund companies have set up Class B shares for stock products. For example, the Class A share of index funds under GF Fund can also choose the back-end charging mode.
? 3. Class C is usually a "sales service fee model", that is, the subscription and redemption fees are exempted, and the sales service fee is extracted on a daily basis;
The subscription fee for Class C funds is 0, and redemption fee is not required if they are held for a certain period of time. However, the fund company will charge a daily sales service fee, which is calculated according to the net asset value of the fund. This kind of fund is suitable for investors with uncertain holding time and band purpose, and the cost is relatively lowest. If you want to hold the fund for a long time, Class C is not suitable.