Does ICBC Credit Suisse Monetary Fund 000528 need to pay handling fees for subscription and redemption?

There is no handling fee for subscription, but there is a handling fee for redemption.

On July 1 and July 23, 2013, ICBC Credit Suisse also proactively levied punitive redemption fees on six of its funds, namely ICBC Credit Suisse Enhanced Yield Bond Fund and ICBC Credit Suisse Dual Benefit Bond Fund, ICBC Credit Suisse Credit Tianli Bond Fund, ICBC Credit Suisse Industrial Bond Fund, ICBC Credit Suisse Tianyi Bond Fund and ICBC Credit Suisse Credit Pure Bond A share.

A bond fund manager analyzed that bond funds, especially pure debt funds, charging punitive redemption fees are not helpful to long-term investment in the stock market, but increasing short-term redemption costs is more beneficial to fund managers. liquidity arrangements. From another perspective, investors' liquidity needs will be affected.

Fund units purchased by investors on Friday will not enjoy the income on Friday, Saturday, and Sunday; fund units redeemed on Friday will enjoy the income on Friday, Saturday, and Sunday. That is to say: if an investor subscribes for shares on March 2 (Friday), the fund income will be calculated starting from March 5 (Monday);

If an investor subscribes for shares on March 2 (Friday) 5) If you redeem your shares, in addition to enjoying the income on March 2 (Friday), you will also enjoy the income on March 3 (Saturday) and March 4 (Sunday). From March ?You will no longer enjoy the benefits from the 5th day onwards.

Extended information:

When buying money funds, you should adhere to the principle of "buy old rather than new, buy high rather than low, and stick to short rather than long", especially in economically sensitive markets. During this period, these principles were the motto for investing in the currency fund market.

First of all, when buying money funds, you should give priority to old funds, because after a period of operation, the performance of old funds has become clear, but it will take time whether newly issued money funds can achieve good results. to verify.

At the same time, investors should try to choose high-yield currency funds that have consistently ranked among the best in annual returns. However, we must also remember that monetary funds are more suitable for managing current funds, short-term funds or temporary funds whose use is difficult to determine at the moment. For medium and long-term immovable funds of more than one year, you should choose government bonds, RMB financial management, bond funds and other income-generating funds with higher returns. High-end financial products.

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People's Daily Online Net - Experts explain in detail monetary funds: It is not suitable to subscribe on Friday? It is not suitable to redeem on Thursday