With the continuous enrichment of people's income, more and more people begin to invest in funds. Many investors who are still looking for wealth management products don't understand the investment cost of the fund, so does the fund need to open an account?

Does the fund need an account opening fee?

There is no account opening fee for fund investment, and not all funds need to open an account. Funds are divided into floor funds, and investment floor funds need to open stock trading accounts, but there is no charge for opening stock accounts. Off-exchange funds can be purchased directly with real-name verified payment software.

Funds will generate expenses in the investment process, and the fees charged by on-site funds and off-site funds are mainly different:

1 floor fund: the main fee paid by the floor fund is brokerage commission, and both buyers and sellers need transaction commission.

Off-site funds: mainly including subscription fees, redemption fees, sales service fees, management fees, custody fees, etc. The first three expenses account for the largest proportion.

Off-exchange funds are generally divided into two charging modes: A and C:

1, Class A funds need to pay the subscription fee, and the redemption fee decreases with the holding time, and there is no need to pay the sales service fee;

2. Class C funds do not need to pay the subscription fee when purchasing. Generally, there is no redemption fee for holding for 7 days, but a sales service fee is charged.

The above is about the sharing of fund content, and I hope it will help everyone.