No, on-site fund handling fees include buying, selling and operating fees. Buying and selling handling fees vary from securities companies to charging standards, and will not exceed 3/1,000 of the transaction amount. The minimum transaction fee is 5 yuan, and if it is less than 5 yuan, it will be charged 5 yuan. The operation fee includes management fee, custody fee, and sales service fee. The operation fee is accrued on a daily basis and paid monthly. It is not charged separately to investors.

Over-the-counter fund handling fees include subscription fees, redemption fees and operating fees. The handling fees for each fund are different. The details can be viewed in the fund transaction rules. Fund subscription fees vary according to the transaction amount. The greater the transaction amount. The larger the fee, the lower the fee standard. The fund redemption fee varies according to the holding time. The longer the holding time, the lower the handling fee, even 0

Fund, in English, is fund, which broadly refers to the purpose of certain A certain amount of funds established for a specific purpose. It mainly includes trust investment funds, provident funds, insurance funds, retirement funds, and various foundation funds.

From an accounting perspective, funds are a narrow concept, meaning funds with specific purposes and uses. The funds we mention mainly refer to securities investment funds.

According to different standards, securities investment funds can be divided into different categories:

(1) According to whether fund units can be added or redeemed, they can be divided into open-end funds and closed-end funds. type fund. Open-end funds are not listed for trading (it depends on the situation). They are purchased and redeemed through banks, securities firms, and fund companies. The fund size is not fixed; closed-end funds have a fixed duration and are generally listed and traded on securities exchanges. Investors pass Fund units are bought and sold in the secondary market.

(2) According to different organizational forms, they can be divided into corporate funds and contract funds. A fund is established by issuing fund shares to establish an investment fund company, which is usually called a corporate fund; it is established by a fund manager, a fund custodian and an investor through a fund contract, which is usually called a contract fund. my country's securities investment funds are all contract funds.

(3) According to different investment risks and returns, they can be divided into growth, income and balanced funds.

(4) According to different investment objects, they can be divided into four categories: bond funds, stock funds, currency funds and hybrid funds.

It is not certain which was the earliest hedge fund. During the great bull market in the United States in the 1920s, there were countless such investment tools specifically for the wealthy. The most famous of these is the Graham-Newman Partnership fund founded by Benjamin Graham and Jerry Newman.

In 2006, Warren Buffett claimed in a letter to the Museum of American Finance magazine that the Graham-Newman partnership fund in the 1920s was the earliest hedge fund he knew of. But other funds are likely to emerge sooner.

During the economic recession of 1969-1970 and the stock market crash of 1973-1974, many early funds suffered heavy losses and closed down one after another. In the 1970s, hedge funds generally specialized in one strategy, with most fund managers adopting a long/short stock model.