There is no handling fee for the redemption of the money fund. The subscription and redemption of the money fund do not need to pay the handling fee, but only the management fee and other related expenses, not directly. Under normal circumstances, it is directly accrued from the fund assets every day.

What does money fund subscription mean?

It means that investors find the direct sales department of a fund company or a formal fund institution to buy and apply for opening a fund account. After opening an account, investors need to buy funds according to the regulations, which requires an application. Money fund is a fund in the money market, which has less investment risk and is more suitable for retail investors to buy.