Fund Fee Rules

When you buy and sell funds on Longbridge, there are mainly two types of fees: subscription/redemption fees charged by the broker, and operating fees that are accrued daily from the fund's assets by the fund company.

Note: Fund operating expenses, such as the management fee and custodian fee, are accrued daily from the fund's assets. You do not need to pay these separately, as they are already deducted from the published net worth of each trading day.

Key takeaways:

• Trading fees (paid directly by you)
  • Subscription/Redemption fee: charged by Longbridge Securities
  • Currently 0, meaning no subscription or redemption fee.
• Holding fees (paid indirectly by you)
  • Management/Custodian fee: charged by the fund company.
  • Fee standard: varies by fund. Check the specific fund's details page.
  • Payment method: No additional payment required. These fees are automatically accrued daily from the fund's total assets.

Disclosures

This article is for reference only and does not constitute any investment advice.