Huaxia cash increase is a money fund, and there are no transaction costs, such as subscription fees and redemption fees, which are all zero. That is, there is no charge for entry and exit.

But as Public Offering of Fund, there must be management fees, custody fees, and money funds will also have sales service fees. These expenses do not need to be paid by ourselves, but are deducted from the total assets of the fund. They are collected every day, and then deducted to calculate the fund's profit and loss of the day, so we have deducted these expenses from the fund's income.

(Source: Huaxia Fund Company official website)

These three kinds of fees are based on the annual rate system, that is, they are shared and collected every day. For example, the fund management fee is charged by the fund manager. Generally, the management fee of the day is accrued according to the net asset value of the previous day. The management fee is calculated as follows:

H = e× annual management rate ÷ days of the year.

H is the daily fund management fee, and e is the net asset value of the previous day.

The fund management fee is calculated daily, accumulated daily and paid regularly.