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Why do funds need to be offered for secondary sale?

The so-called secondary offering often refers to the subscription marketing during the product opening period or the re-marketing of key funds. It is essentially the continuous marketing behavior of old funds. The secondary offering of funds can increase the scale of fund management, and fund companies can charge more management fees.

It is understandable that fund companies charge more management fees in order to increase the scale of management. As long as the fund manager can bring returns to investors, investors should also pay management fees. Moreover, the interests of fund managers and investors do not conflict.