Fund management fee refers to the fee paid to the fund manager (fund management company), that is, the remuneration collected by the manager for managing and operating the fund. The management fee shall be accrued daily at the rate of 65,438+0.50%, which shall be paid by the custodian to the fund manager in one lump sum from the fund assets at the end of the month, and shall not be charged separately to investors. The calculation method is as follows:

Fund management fee payable = net asset value of the previous day × annual management rate ÷ number of days in the current year.

(2) Fund custody fee

Fund custody fee refers to the fee charged by the fund custodian (commercial bank) for providing services to the fund, such as the fee drawn by the bank for keeping and disposing of the trust property of the fund. Custody fee is usually accrued by 0.25% on a daily basis and paid to the custodian on a monthly basis. This fee is also paid from the fund assets and does not need to be charged to investors separately. The calculation method is as follows:

The daily fund custody fee payable = the net asset value of the previous day × the annual custody rate ÷ the number of days in that year.

(3) Fund operating expenses

The operating expenses of the Fund include payment of CPA fees, attorney fees, annual membership fees, printing and production fees for interim and annual reports, and handling fees for buying and selling securities. These expenses and expenses are paid as the operating cost of the fund, which accounts for a small proportion of the net asset value. Pay from the fund assets, and do not charge investors separately.