If you buy a fund of 10,000 yuan, the subscription fee is10000 * 0.15% =15 yuan. If the redemption rate is 0.5%, the redemption fee is 10000 * 0.5. The calculation formula of fund subscription is: subscription fee = subscription amount × subscription rate. Subscription share = (subscription amount-subscription fee) ÷ Net fund share on the application date. The calculation formula of fund redemption is: redemption fee = redemption share × net value of fund unit on redemption day × redemption rate. Note that the subscription rate and redemption rate of this fund are both fund handling fees, which refer to the fees paid to the sales organization when buying and selling funds, and are used to compensate the costs incurred by the fund sales organization in handling fund trading procedures. Usually, the handling fee paid when buying open-end funds is generally called subscription fee, and the handling fee paid when selling is called redemption fee. And according to the regulations of relevant departments, the subscription fee of domestic open-end funds at present cannot exceed 5% of the subscription amount; The redemption fee cannot exceed 3% of the redemption amount. At present, the subscription rate of domestic open-end funds is generally below 1.8%, while the redemption rate is mostly around 0.5%.

Is it better to subscribe or subscribe for the new fund?

On the one hand, from the perspective of subscription cost, the subscription rate of funds is generally around 1%, while the subscription rate of equity funds is generally around 1.5%, which is higher than other types of funds. Therefore, on the whole, the subscription fee of funds is generally lower than the subscription fee, and the net value of new funds is often low at the time of subscription, so many investors generally tend to subscribe for new funds. On the other hand, from the perspective of security, past performance is a very important reference standard, because whether a fund is worth investing, but new funds often do not have these data, so there is no reference, so the risk of investing in new funds is higher than that of mature old funds. Under normal circumstances, the capital preservation fund will be accompanied by a capital preservation clause, but the capital preservation clause is only applicable to the funds subscribed during the subscription period, so it is recommended to subscribe for the newly issued capital preservation fund.