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The difference between Shanghai Trust's cash profit class A and class C

I took a look at this product, Cash Profit. Class a and class c are graded. To put it bluntly, it is a graded fund. Different grades correspond to different income levels and risk levels.

1. Class A and Class C are different in income level and risk level

2. The management fees charged by Class A and Class C may be different in management.

Generally, Class A adopts the front-end charging mode, and pays the subscription and subscription fees when subscribing for funds. In view of the fact that the subscription fee will decrease with the increase of the subscription amount, Class A is suitable for investors with a large amount of funds.

Class B adopts the back-end charging mode, and investors don't need to pay the subscription fee when they buy the fund, and then pay it when they redeem it. Class B is more suitable for investors who hold funds for a long time.

class c adopts the mode of charging sales service fee, which does not charge subscription fee, but collects redemption fee according to the holding time of investors, and charges a certain percentage of sales service fee every year. The sales service fee will be accrued daily from the fund assets, and the C-type charging model is more suitable for short-term band investors.