Alipay is actually a fund consignment channel. Investors can choose a fund to invest in Alipay. Many investors don't understand the handling fee of fund investment, so does Alipay fund have a handling fee?

Is there a handling fee for Alipay Fund?

The handling fees of Alipay funds are mainly divided into five categories: subscription fee, redemption fee, sales service fee, management fee and custody fee, among which all funds have to charge management fee and custody fee, but the subscription fee, redemption fee and sales service fee are charged in different ways according to different charging modes.

Open-end funds can be divided into front-end expenses A and back-end expenses C according to the charging method. Class A shares are front-end charges, and subscription fees are charged at the time of subscription and redemption fees are charged at the time of redemption. Class C shares are not charged at the time of subscription and redemption, but the sales service fee is accrued daily during the duration of the fund. Details are as follows:

Generally, Class A does not charge sales service fee, but it charges 1% subscription fee for subscription, 0.05% redemption fee for holding for more than 7 days, 0.2% sales service fee for Class C, no subscription fee, and no redemption fee for holding for more than 7 days (redemption fee and sales service fee for different funds are different, mainly depending on understanding).