At present, the expenses of investment funds include subscription fee, subscription fee, redemption fee, management fee, custody fee and sales service fee. We need to know these expenses clearly, so as to minimize the expenditure of such expenses and obtain higher expected income at the lowest cost. What are the expenses in fund investment?

Subscription fee and subscription fee

Subscription fee: the handling fee to be paid for purchasing the fund during the raising period;

Subscription fee: the handling fee to be paid for purchasing funds during the non-raising period;

In addition to the Monetary Fund and Class C funds, other funds have such subscription fees. At present, subscription fees of many platforms are discounted to 0. 15%.

Redemption fee

The redemption fee is the fee that needs to be paid when the fund is redeemed. Unlike subscription and subscription fees, redemption fees are not fixed. It can be graded according to the length of time you have held the fund or the stability of the fund. If you invest long enough, the cycle is long enough, and you reinvest enough, you may be exempted from the redemption fee.

Management cost

Management fee is the management fee paid to the fund manager. Fund management fees are charged according to different types and risks. The greater the risk, the higher the cost.

On-exchange funds and off-exchange index funds generally charge 0.5%, while other off-exchange funds have higher rates. The payment method is generally calculated on a daily basis and charged annually.

trustee fee

The custody fee is the custody fee paid to the bank. Generally speaking, the custody fee is calculated by the day and paid by the month.

sales service charge

Not all funds charge sales service fees. Generally speaking, only Class C funds that do not need to pay subscription fees need to pay such fees. The fund sales service fee is calculated daily and paid regularly.