Whether handling fees are charged for fund buying and selling depends on the type of fund and the shares. Under normal circumstances, no handling fees are charged for the buying and selling of currency funds.
Basically, there is a handling fee for buying other funds. If there are Class C shares, there is no handling fee for buying. Selling fees are generally calculated based on the length of holding time. The longer the holding time, the lower the fee rate. The details are subject to the fund contract.
According to whether fund units can be added or redeemed, they can be divided into open-end funds and closed-end funds. Open-end funds are not listed for trading (it depends on the situation). They are purchased and redeemed through banks, securities firms, and fund companies. The size of the fund is not fixed.
Extended information:
How to redeem
When investors intend to redeem their funds, they can bring the debit card of the account opening bank and the fund For trading cards, you must also fill out and submit the transaction application form before 3 p.m. After it is accepted at the counter, investors can inquire after 5 days and the redemption funds will be credited to their account.
How to withdraw
If a trading investor needs to withdraw a transaction, he can bring his fund trading card and bank debit card and fill out a transaction application at the counter before 15:00 on the day of the transaction. form, indicating the reversal of the transaction. If it is after 15:00, some banks can make reservations for transactions based on the quoted price of the day and conduct transactions on the next working day.