2009年6月2日星期二

How the selection of index funds

"Over" the need to
Sub-fund the cost of a one-time costs and continuing costs. Including the cost of continuing the Fund's management fees and custodian fees. 8 funds, Bo, when the cost of continuing the rich the highest, 1.18%; Cathay Pacific in Shanghai and Shenzhen CSI 300 and 300 sustained Jiashi the lowest cost, only 0.6%. Since the performance difference is very small, therefore the cost of investors in the rate of "over" is still very necessary. If as a long-term investment, the cost of continuity between the nuances that may ultimately lead to significant differences in income.
In addition to costs, the Fund's investments also include a one-time costs. Such as the adoption of open-end funds invest in a one-time costs including the purchase fee and redemption fee. 8 largest fund redemption rates were 0.5%, while the maximum application rates are 1.2% and 1.5% respectively.
Excellent back-end charges
8 funds, the South Shanghai and Shenzhen 300, 300 in Shanghai and Shenzhen Dacheng charges in addition to front-end also provides back-end charging systems. Front-end means that the application fee must be paid on application fees, application fees and the cost of back-end only when the payment of the redemption fund.
There are two major advantages of back-end charges: first, application rates will be held by the Fund with reduced growth time. Back-end funds holding more than a certain period of time fee, purchase costs can be completely exempt. Held by the Fund in Shanghai and Shenzhen 300 South for more than 5 years, 300 in Shanghai and Shenzhen Dacheng hold more than 3 years did not have the back-end fees; Second, if the asset value, even in the case of the same rate the back-end fees can also increase the revenue due to the purchase cost of fees and charges in the case of back-end can still generate revenue.
However, both cases the back-end fees without advantage: time is too short to hold, purchase, the number of large funds.
For long-term investors, the preferred choice of management fees and custodian fees lower the Fund; in investment, the direct comparison of sites and fund the purchase of the rate banks; in the same conditions, the choice of back-end fund fees.