Investors who invest in open-end funds only need to pay the subscription fee (subscription fee) and redemption fee, which are all one-time payments, that is, the one-time fee you said.

As for management fees and custody fees, these annual fees are directly deducted from the net value of the fund by the fund management company, and investors do not need to pay separately. As for the sales service fee, it has been included in the subscription fee.

The subscription fee is the handling fee for the issuance of new shares, and the subscription fee is the subscription fee after the listing is open. The general subscription fee is more expensive.

The expenses of common equity funds are shown in the following table:

Management fee (year) 1.50%

Custody rate (year) 0.25%

Table 1: Subscription/Subscription Rate

Amount (millions)

Subscription rate

Subscription rate

M < 65438+ million yuan

1.00%

1.50%

65438+ ten thousand yuan ≤ m < 1 ten thousand yuan

0.80%

1.20%

1 ten thousand yuan ≤ m < 1 ten thousand yuan 0.50%

0.60%

M≥ 1 ten thousand yuan, each 1 ten thousand yuan.

Each 1000 yuan

Table 2: Redemption rate

Continuous holding time (t)

Redemption rate

N≤ 1 year

0.50%

1 year < n ≤ 2 years

0.25%

More than two years

0.00%

I wonder if you are satisfied with my explanation?

I would like to remind you that the cost of each fund is not exactly the same, so you need to refer to it carefully!