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Why is China Merchants Industrial Bond C limited?
It should be to ensure the smooth operation of the fund, prevent arbitrage funds and protect the interests of fund holders.

Related knowledge:

The difference between China Merchants Industrial Bonds A and C;

In fact, the difference between China Merchants Industrial Bond Fund and C in terms of income and loss is very small, and their key difference lies in the difference in the cost of investment funds.

China Merchants Industrial Bond A belongs to Class A funds, which need to pay a certain fee when purchasing and redeeming. It is more suitable for investors who hold for a long time or have a large investment amount and can get a certain fee discount.

China Merchants Industrial Bond C belongs to Class C funds. Such funds are free at the subscription stage, and there is no need to pay redemption fees if they are held for more than one month. Its charging method is to charge 0.3% service fee every year, which is accrued every day. Suitable for investors who are expected to hold the fund for more than one month and have frequent transactions.