First, the handling fee for bank financing.
1. Subscription fee: no charge.
2. Sales expenses: 0.2% of the annual sales expenses will be charged according to the raised amount, which will be accrued monthly.
3. Management fee: an annualized management fee of 0.3% is charged according to the raised amount, and it is accrued monthly. If the actual rate of return is equal to or lower than the expected rate of return, no management fee will be charged, and the actual operating income after deducting customer income, sales fee, fixed management fee and custody fee will be charged by the bank.
4. Custody fee: 0.02% annual custody fee is charged according to the raised amount, and it is accrued monthly.
Among the above fees, subscription fee, sales fee and custody fee are very low or even not charged, and the most important thing is management fee. On the surface, the management fee is not very high, only 0.3%, which is charged on an annualized basis. If the product term is half a year, the actual management fee is only 0. 15%.
I. Excess management fee
1. Bank wealth management products all have expected annualized rate of return, which is the rate of return calculated by banks according to market conditions, that is, the highest rate of return.
(1) If the operating income of wealth management funds is lower than the expected annualized rate of return, the bank will not charge management fees.
(2) If the operating income of wealth management funds is higher than the expected annualized rate of return, the excess shall be counted as the excess management fee of the bank. 2. In fact, the return on investment of wealth management funds is much higher than the expected return, so banks often charge higher excess management fees.
3. Money from wealth management products is invested in the bond market, and the income fluctuates. In order to avoid risks, banks will not take the highest possible return as the standard, resulting in excess investment income after maturity, which is classified as bank financing expenses.
2. What are the fund management fees and custody fees?
1, fund management fee
(1) is the management remuneration paid to the fund manager, which is generally drawn from the fund assets according to a certain proportion of the net asset value of the fund.
(2) The fund manager is the manager and user of the fund assets, which plays a decisive role in maintaining and increasing the value of the fund assets, so the fund management fee charged is higher than other expenses. (3) Fund management fees are the main source of income for fund managers, and fund managers' fees cannot be spread into funds or fund companies, nor can they be charged to investors.
2. Fund custody fee
(1) refers to the fees charged by the fund custodian for keeping and disposing of the fund assets.
(2) Custody fees are usually drawn according to a certain proportion of the fund's net asset value, which is usually 0,25% at present. They are accumulated daily and paid to the custodian monthly.
(3) The proportion of fund custody fee is related to the scale of the fund and the region where it is located, and the income of custody fee is directly proportional to the scale of custody.