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Excuse me: currency b and currency a in the money fund; What do Grade A and Grade B mean in bond funds?
Currency b and currency a in the monetary fund;

The initial subscription amount of Grade B is generally high, such as 500,000 yuan, which is regulated by various fund companies and mainly for institutions and the rich.

The A-level subscription amount is low, and the threshold is 1000 yuan, which is for the general public.

Grade A and Grade B in bond funds

Generally, the subscription rate of A-level bond funds is not zero, and redemption fees will be charged, but the management rate is relatively low.

Suitable for long-term customers.

Class B bond funds do not charge subscription fees and redemption fees, and the management fees are relatively high.

Suitable for short-term holding, such as within one year, or even frequent customers.

Remarks: Management fee refers to the fees charged by the fund company to maintain the operation of the fund, such as the bank's access fee and the fund company's hard work in managing this bond fund. It is not directly charged to the customer, but deducted from the fund income. The amount you see from the fund net value announcement every day is the figure after deducting the management fee.

Sometimes the regulations of some fund companies are just the opposite. A-level companies should not purchase redemption fees, while B-level companies should purchase redemption fees, such as E Fund. You should pay attention.