Cai Dong CSI 500C(0 10993)
The difference between Class A and Class C in public offering funds;
The main difference between Class A and Class C in Public Offering of Fund is the different charging methods. Class A is the front-end charging mode. Class A expenses mainly include subscription fees and redemption fees, while Class C expenses mainly include sales service fees and redemption fees. The specific algorithm is: Class A fee is subscription fee * amount+amount * redemption fee, and Class C fee is amount * sales service fee * holding time+amount * redemption fee.
Both Class A and Class C have redemption fees, but there are some differences in redemption fees. In terms of redemption fee, generally, Class C funds do not charge redemption fee after 7 days; After 7 days, Class A will still charge a redemption fee, but the rate will be reduced.