What are the charges incurred in
investment fund trading?
A:
Basically, you have to pay the
subscription fee/preliminary charges and the annual management fee
when investing in a fund. The subscription fee/preliminary charge is
paid upon subscription. Certain funds offer an additional class of
unit that charges a redemption fee at the first 3 years instead of a
subscription fee for added flexibility. The annual management fee is
the annual charge for managing the fund, which is incurred daily and
reflected in the fund price. In addition, some funds may charge
redemption fee or performance fee. For further details you should
read the prospectus or summary prospectus of the fund.
Q:
Are there any discounts on the
subscription fee?
A:
Detailed fund subscription fee after
deducting discount is shown on the subscription order input screen
for your reference. We may offer a relevant discount on the
subscription fee based on your integrated account held.
Q:
Are there any additional charges
to subscribe / redeem funds via Hang Seng Business e-Banking
Services?