When we see an A letter after a fund name, it actually means that the fund is a "differential fee" fund. The so-called "differential charges" means that fund management companies will charge different management rates according to the size of assets held by investors. Generally speaking, investors who hold more assets will pay lower management fees. Therefore, when you see the letter A after a fund name, it means that you can enjoy a lower management fee, which is why many people choose to invest in differential fee funds.

However, it should be noted that although the differential fee fund has certain advantages in management fees, investors need to consider other expenses of the fund. For example, transaction costs and redemption costs, which usually constitute the total expenditure of the fund together with management costs. Therefore, investors should consider these factors when choosing a fund and comprehensively evaluate whether it is worth investing.

Finally, it is worth mentioning that not all fund names with the letter A are classified fee-based funds. Some funds may add the letter A after their names because they want to create a higher level or professional feeling. Therefore, when choosing a fund, investors also need to confirm whether the fund is a differentiated fee-based fund according to the detailed expense description or product description of the fund to avoid wrong investment.