along with
With the continuous development of financial markets, on-site funds, as an investment tool, are increasingly welcomed by investors. For many people, the charging standard of on-site funds is not very clear. This paper will introduce the charging standard of the on-site fund in detail, and answer the question of what the minimum charge is.
1. What is a floor fund?
On-site funds, also known as transactional open-end funds (ETFs), are similar to stocks. They are listed and traded on the stock exchange, and investors can trade through securities accounts. Different from traditional funds, on-site funds are more flexible and can be bought and sold at any time on the trading day. Information such as the investment strategy and management fees of on-site funds can also be publicly disclosed in the stock exchange.
Two. On-site capital cost
The charging standards of the on-site funds mainly include management fees and transaction fees.
1, management fee
Management fee is the fee that fund companies need to pay to manage funds. Usually, fund companies will charge a certain percentage of management fees from fund assets. The proportion of management fees varies with the fund type, scale and investment strategy. For example, the management fee of stock funds is generally between 1%-2%, while the management fee of bond funds is relatively low, generally between 0.5%- 1%.
2. Transaction costs
Transaction costs refer to the fees that investors need to pay when trading in trading places. Transaction costs include buying fees, selling fees and subscription fees. The buying fee and selling fee are usually charged according to a certain proportion of the transaction amount, generally between 0. 1%-0.5%. Subscription fee refers to the fee that investors need to pay when purchasing funds, which generally does not exceed 1%.
3. What is the minimum fee for the on-site fund?
The minimum fee of the on-site fund varies with the type and scale of the fund. According to the regulations of the CSRC, the fund manager shall not set a fund management fee rate higher than 2.5% of the net asset value of the fund, otherwise it shall be approved by the fund share holders' meeting. Investors can learn about the management fee by inquiring about the announcement of the fund, and calculate the minimum fee of the fund management fee accordingly.
Compared with traditional funds, the charging standard of on-site funds is more transparent, and investors can easily understand the income and cost of funds. When choosing a fund, investors should carefully understand its charging standards and make a choice based on their own investment objectives, risk tolerance and other factors.