There is a fee required when redeeming a fund. Generally speaking, it is a redemption fee. However, if you choose back-end payment when subscribing, you will also have to pay a back-end subscription fee. This fee is directly deducted from your fund value.

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For stock funds, the redemption fee is gradually reduced until zero based on the length of holding period.

If held for more than one year and less than two years, the redemption fee will be reduced from 0.5% to 0.25%. If held for more than 2 years, the redemption fee will be zero.

Fund handling fees are divided into front-end charges and back-end charges.

Among them, front-end charges refer to the handling fees that you must pay when you subscribe and purchase funds; back-end charges mean that when you subscribe and purchase funds, you do not need to pay handling fees, but you pay handling fees when you redeem them, and with the

As the number of years you hold the fund increases, the handling fees will decrease year by year; for details on front-end and back-end fees, please consult the relevant announcements of each fund management company.