The fund management fee is calculated daily, directly deducted from the total assets of the fund, and then withdrawn once a month.

0.4 1% is the annual interest rate. If it is calculated every day, it needs to be divided by 365 and then multiplied by the total assets of the fund.

Management fee, custody fee and sales service fee are all non-one-time expenses and are deducted from total assets.

I won't let you pay the bill alone.

This part of the expenses has been deducted from the net value and income of the fund we have seen.