Class C funds and Class A funds are different shares of funds. Issued by the same fund company and managed by the same fund manager. The code of A share and C share of the fund is different, the income is different, and the cost is different, mainly because the cost is different.
The difference between fund A and fund C:
1. Recovery is different: the same fund has subscription fee and redemption fee. The longer the holding time, the smaller the redemption fee, and the lowest can be zero; There is no subscription fee for Class C shares, but there is a sales service fee and a redemption fee, which decreases with the increase of holding time.
2. Different deductions: Class C funds are designed for users who like short-term investment. So, let's draw a conclusion first. You can buy class C funds for short-term investment and class A funds for long-term investment. To what extent do you buy Class C in the short term and Class A in the long term? Here is an example of Xi Cai Jun.
Taking bonus funds as an example, assuming that the subscription amount is less than 654.38+0 million, the transaction costs of the two types of funds (excluding custody fees and management fees) are as follows: the subscription fee of Class A funds is 654.38+0% (excluding preferential treatment), excluding sales service fees; Hold it for 7 days to 1 year, and the redemption fee is 0.5% to 0.25%;
If it is held for more than one year, the redemption fee will be exempted. Class C funds do not charge subscription fees, and the annual sales service fee is 0.4%. If they are held for 7 days to 30 days, they will be redeemed by 0.5%, and the redemption fee will be exempted for more than 30 days. Holding time is less than 1 year, class A income is 1%, and class C income is 0.4%; If it is held for more than 65,438+0 years, Class A will still get 65,438+0%, while Class C will spend more than Class A if it is held for more than 2.5 years.
3. Different net value: The sales service fee of Class C is a daily collection, which is directly deducted from the fund assets and reflected in the daily net value, so the net value of Class C funds is often lower than that of Class A funds.
Structured Fund, also known as "structured fund", refers to a fund variety with two levels (or multiple levels) of risk-return performance with a certain differentiated fund share by decomposing the fund income or net assets under a portfolio.
Its main feature is to divide the fund products into two or more types of shares and give different income distribution respectively. The sum of the products of the net value of each sub-fund of the graded fund and the share ratio is equal to the net value of the parent fund. For example, the net value of the parent fund split into two types of shares = the net value of class A sub-base X A share%+the net value of class B sub-base X B share%. If the parent fund is not split, it is a general fund.
The graded fund was born in 2007. According to regulatory requirements, fund companies must complete the rectification of graded funds by the end of 2020. That is, graded funds will officially withdraw from the historical stage at the end of 2020, or transform or liquidate.