基金的运作费率包括哪些内容

The operation of the Fund, including what rate

The world there is no free lunch, buy fund must also pay. Gong Mu Fund, including the cost of one-time costs and annual operating costs. Among them, one-time cost investors in the subscription, purchase or redemption of the Fund, the annual operating costs including management fees and trustee fees, in accordance with the percentage of net assets in the form of one-day Provision, end settlement. This means that, whether good or bad performance of the Fund, management fees and trustee fees have to pay. Imagine the day when the Fund does not make money, management fees and so operating costs will only enlarge the investor losses.
Breakdown of the operation rates
Rates in the operation of the same circumstances, investors in different investment yield varieties degree of sensitivity may be widely divergent. For example, the annual return of 20 per cent of the cost of stock deducted 2%, investors still get 18% of the income level. If the rate of two percent level, and the other stocks made only eight percent of the annual earnings, investors inevitably complaints, because the latter quarter of the proceeds are used to offset the cost.
In theory, with the fund gradually reduce the level of risk, the fund management rates show a downward trend. Because of its QDII funds involved in overseas investment, including its management rates paid to the cost of foreign investment advisers, seven QDII domestic product management of the basic rate is 1.8 percent and 1.85 percent, higher than the maximum equity fund of 1.5 per cent of the The level of rates. Among them, Yinhua global core, and the South China World's best selection of the global rate level higher equity fund management fees of between 0.5% and 1.5%, ETF funds due to passive management, management fees The lowest rate; actively targeted funds at the rate of between 1.2 to 1.5 percent between, but Franklin-income countries, Po Hong Huaan Baoli flexible configuration and configuration management, such as the low rates; conservative allocation funds, Annual management rates from 0.75% to 1.5%, while the South Bao-yuan bonds and UBS Investment into China bonds were 0.75 percent bond funds rate from 0.41 percent level to 1.2%, as 10,000 Enhance the income of 1.2%. For the low expected return of bond funds, the high and low rates on future earnings impact is particularly important in the management of money market funds rate a minimum, are 0.33 percent.
Overall, the market in the long-term good background, the equity fund higher expected return of investors to reduce the cost of the degree of sensitivity. If the market continued to decline, high rates of equity fund investors tend to bring about greater losses.
How to compare the rates
Investors may wish to proceed from two aspects: First, determine what type of investment fund, the traditional way of similar funds in the comparison between the rate and pay attention to distinguish between different investment strategies of the Fund are different rates (for example, take the initiative , Passive and enhanced index) and investment style of the fund rates or differentiated (such as blue-chip market and small capitalization growth style style), therefore, in accordance with the strategy or investment style perspective of the Fund's rates were relatively level, select the appropriate Their own species.
Secondly, the Fund did not identify the type of investment, investors may wish to sort Youdadaoxiao rates, if at the same rate the level of funds, various types of fund are covered, may wish to rule out the possibility of excluding low Risks and higher rates of the Fund. For example, domestic funds at the rate of 1.5 percent, the conservative allocation funds have three, namely HSBC Jinxin 2016, Dresdner comfort Aetna balanced growth and investment, 46 active targeting of funds and 179 equity funds. The level of rates is in the background, investors should give priority to long-term investment equity fund.
Investors choose funds rate as a factor, it is important that screening can play a variety of roles.
He mountains of stone, jade can attack
Outside, careful investors will find that the new fund at times than the old rates higher. With the old fund the extension of operating hours, gradually expanding the scale, large-scale fund holders usually have more people to share operating costs.
For general business, enterprise size increase, the average fixed costs decreased. Similarly, the Fund also exist in the economies of scale, the larger the fund, the annual operating costs should also be relatively low level. In short, 50 percent of the growth in asset size does not need an increase of 50 percent of the vote in research, such as fund management fees. As the scale of growth, foreign funds are usually lower rates.
It is worth noting that domestic rates in the management of funds collected, only Botswana, growth and value of the two Fortis earnings growth below the value of the net growth of the circumstances do not charge management fees, and the remaining funds did not make similar Management rate adjustment programmes. Morningstar fund companies in the United States fiduciary duty rating will be inspected as part of the cost, mainly involving the percentage of the fee is lower than the average similar, and the scale of growth of the Fund's assets is lower cost ratio. Look forward to the domestic fund industry in the development of roads, joint efforts of all parties involved in the market, investors stand a better perspective, the protection of the interests of investors.