Class C funds are also a type of fund. Generally, Class C funds do not charge subscription fees or redemption fees.

Class C funds mainly charge sales service fees, and as the time investors hold the fund increases, this fee will also increase. Therefore, Class C funds are not suitable for long-term holding for most investors.

So how is the C accumulation fund service fee deducted? Let’s find out together.

How are the service fees of Class C funds deducted? The service fees of Class C funds are directly accrued on a daily basis and withdrawn on a monthly basis. The sales service fees of Class C funds are paid directly from the fund assets and are not required.

Charged separately from investors.

Since the sales and service fees of Class C funds are directly deducted from the net assets of the fund, the fund assets held by investors will decrease each time after deducting the fund's sales and service fees.

Under normal circumstances, the daily sales service fee payable for Class C funds = (net asset value of the fund on the previous day * annual sales service rate) / actual number of days in the year.

Regarding the service fees for Class C funds, the annual sales service rates of different funds are different.

In addition, it should be noted that Class C funds do not have no redemption fees at all when they are redeemed. Most funds can be exempted from redemption fees if they are held for more than one year.

Assume that an investor holds 1,000 fund shares, the annual sales and service rate of the fund is 0.28%, and the net value of the fund is 1.15 yuan on January 8, then the sales and service fee accrued on January 9

It is approximately equal to 0.009044 yuan.

It should be noted that the longer you hold a Class C fund, the higher the sales and service fees of the fund will be.

The above is an introduction to the relevant content about the deduction of service fees for Class C funds. I hope it can be helpful.