The front-end charge refers to the direct deduction of the handling fee when purchasing the fund, that is, only a part of the principal invested (after deducting the handling fee) can bring benefits. The front-end charging rate is generally 65438+ 0.5% for bank counters and 0.6% for online direct sales. Of course, there are exceptions.

The back-end charge is that the subscription fee is not charged at the time of subscription, and then charged at a certain proportion of the subscription amount at the time of redemption. In other words, all the invested principal will bring benefits during the holding period, so the back-end charges are generally higher than the front-end charges. For example, the subscription rate in 1 year is generally 1.8%, and the longer the time, the lower the rate.