With the improvement of people's financial awareness, more and more people tend to take out idle funds deposited in banks and use them to buy securities such as funds, bonds and stocks. However, for many small partners who are new to the market, it is not clear how much the fund will cost. Let's see what fees are available.

What is the cost of buying and selling foundations?

1 the purchase fee is the subscription fee, which refers to the fees that investors need to charge when purchasing funds.

① Front-end charging mode: the payment method of paying the subscription fee when purchasing the fund.

(2) Back-end charging mode: a payment method in which the subscription fee is paid when the fund is purchased, but not when it is redeemed. And the back-end subscription rate will generally decrease with the increase of fund share holding period.

The selling fee is the redemption fee.

It is the handling fee charged by the CSRC. Investors who sell the Fund less than 7 days after holding it will be charged a punitive redemption fee of 1.5%. Generally speaking, the longer investors hold funds, the lower the redemption rate.

3 conversion fee.

When investors hold the fund for less than 7 days and want to redeem it but don't want to deduct the redemption fee, they can choose fund conversion. However, the fund conversion also requires a handling fee, which generally consists of two parts: the subscription fee for the transferred fund and the redemption fee for the transferred fund. Among them, when it is low to high, it is necessary to pay the subscription replenishment fee, and vice versa. Simply put, more is less.

In addition, the redemption fee of the transferred-out fund is calculated according to the actual holding time of the transferred-out fund, that is to say, when the transferred-out fund is held for less than 7 days, the punitive redemption fee will still be charged.