Hello, the management fee is the fee drawn from the fund assets every day and paid to the manager every month during the operation period after the fund is established. Will not be reflected in your subscription or redemption. For example, as follows:

Management fee of fund manager The management fee of the Fund is accrued at the annual rate of 0.80% of the net asset value of the previous day. Management fee calculation

The calculation method is as follows:

H = e× 0.80% ÷ Days in a year

H is the daily fund management fee.

E is the net asset value of the fund on the previous day.

The fund management fee is accrued daily, accumulated to the end of each month, and paid monthly by the fund manager.

The fund custodian sends the fund management fee transfer instruction, and it will take 5 working days from the first day of the next month after the fund custodian reviews it.

Pay the fund manager in one lump sum from the fund property within working days. In case of legal holidays, rest days or not

If the payment cannot be made on time due to force majeure, it will be postponed for 2 working days from the end of legal holidays and rest days.

Within days or 2 working days from the date when the force majeure situation is eliminated.