The subscription fee is based on the percentage of the subscription amount.

The redemption fee is a percentage of the total redemption amount, not a percentage of the principal.

In addition, the subscription fee is not simply multiplied by 1.5%. At present, it is very common to achieve a discount of 40%.

For example, if you buy a fund with 10000 yuan, the net transaction amount is 1.0500 yuan, and the front-end subscription rate is 0.6%.

The net subscription amount =10000/(1+0.6%) = 9940.36 yuan. The net subscription amount is the actual subscription amount of the fund, and the subscription fee is 10000 minus 9940.36 yuan.

Redemption fee: it is a one-time fee paid by investors when they sell funds.

For example, if you redeem 5000 copies of a fund, the net transaction value is 1.2230 yuan, and the redemption fee is 0.5%.

Then the redemption fee =5000* 1.2230*0.5%=30.58 yuan, and the actual amount reached in the bank card account is 5000* 1.223 minus 30.58 yuan.