No, the default charging method for buying funds is front-end charging. All funds have front-end fees, and some funds have back-end fees. Back-end charges are most suitable for fixed investment, because fixed investment funds are long-term investments. If you choose the back-end charge, there will be no handling fee when you buy it every month. This will save you a lot of handling fees. Redemption fee will not be charged if it is held for a specified period of time by the fund company. If you choose the back-end charge and hold it for a short time, you will deduct the handling fee that was not deducted when you bought it before.

There are also different fund codes for back-end expenses. For example, Guangfa Jufeng has a front-end expense code of 270005 and a back-end expense code of 2700 15.