Reborn Financial Tycoon: Earning 1 Billion at the Beginning of the Live Broadcast
26 Only a ghost would buy such a high management fee and handling fee!!!

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After the Longyao Skysea Fund was officially listed, Jiang Cheng's identity as a fund manager naturally could not be hidden.

However, he did not mind.

After all, what was the point of living in fear after being reborn?

Moreover, without enough influence, no matter how rich he was, he might one day become a fat piece of meat in the eyes of others!

Therefore, the more famous he was, the more people would not dare to touch him!

Of course, the premise was that he could not do anything illegal.

He couldn't learn from some people and betray others!

Fortunately, he did not need to do this!

With his ability, it was not easy to earn money!

It could even be said that the entire world's financial market was like his family's!

Therefore, there was naturally no need to take any other risks!

However, after his true identity was exposed, it still had some impact on him.

Fortunately, he had already made preparations in advance and changed his previous phone number.

In addition, his parents had also explained it clearly.

Some time ago, he even gave them a sum of money to let them retire early and then travel all over the country!

But at the same time, other than Jiang Cheng's true identity, there was another matter that also caused a huge sensation!

It could even be said that the influence of this matter was even greater than Jiang Cheng himself!

At least for those investors who were ready to buy the Longyao Skysea Fund, this was the case!

Because this matter was related to their personal interests!

That was, the management fee and handling fee charged by Jiang Cheng's Longyao Skysea Fund were much higher than all other funds!

Moreover, it was not just a little higher, but at least ten times higher!

More importantly, the funds were limited to purchase even with such expensive management fees and handling fees!

Was this a joke?

"What's going on? A total of 10 billion copies will be issued. The initial net worth of each copy is 1 yuan, and each person will be limited to 50,000 copies!”

"In other words, each person can only buy a maximum of 50,000 yuan?”

"It's not 50,000 yuan, but 50,000 copies. In other words, you can only buy 50,000 yuan at the beginning, but if the net value of the fund increases or decreases in the future, you have to buy it at the current price!”

"That's not the key! The management fee for the key fund was actually 5% per year, and the handling fee was even 3% per year. This was too high!”

"A 5% management fee and a 3% handling fee. This is not only high, it's simply too high!”

"If we calculate it based on the 50,000 yuan fund, then the annual 5% management fee is 2500 yuan, which is equivalent to more than 200 yuan a month! That was still acceptable. The 3% handling fee was equivalent to a deduction of 1500 yuan for each redemption. It was more than ten times higher than other funds!”

"Who would buy such a high management fee and handling fee!”

"That's right. I definitely won't buy it anyway!”

"You dare to publish 10 billion copies with this? If I can sell 100 million copies, consider it my loss!”

One had to know that the management fee of a normal fund was only 2% at most!

The handling fee was only about 0.1%!

It was equivalent to one-thirtieth of the Longyao Skysea Fund!

"Mr. Barker, aren't our management fees and handling fees a little too high…"

Noticing the reactions of the investors online, Zhang Feng could not help but look for Jiang Cheng.

Although he didn't understand finance, he knew that the main income of fund companies came from the management fees and handling fees of the fund.

In other words, the larger the fund, the more management fees and handling fees he could receive!

Otherwise, no matter how high the management fee and handling fee ratio was, the funds would not be sold and they would not be able to earn much money!

More importantly, if the fund could not be fully raised, which meant that all 10 billion copies were sold, there might even be a situation of failure!

"Why? Are you worried that no one will buy our funds? Don't worry, I'm afraid that they won't be able to buy it even if they fight to buy it!”

Jiang Cheng snorted coldly.

His biggest goal in setting up a public fund was naturally to increase his influence.

That was why there was a limit to the amount of funds that each person could purchase.

So that more people could get on the bus!

The second was to bring those leeks to earn some money so that they would not be ruthlessly harvested by the Zhuang family!

However, if someone did not know what was good for them or did not believe him, then the consequences would naturally be borne by them!

As for setting the management fee and handling fee so high, it was to reflect his worth!

One had to know that if the Longyao Skysea Fund was replaced by a private equity fund, it would not be a big deal.

Then his appearance fee would not be just this little!

At that time, if he did not collect more than 50% of the money, he would feel sorry for himself!

Even if someone was willing to pay this price, he might not be willing!

After hearing what he said, Zhang Feng naturally didn't say anything else.

Anyway, the company was not his. Even if he lost money, it had nothing to do with Zhang Feng.

As long as he could get his salary safely…

Moreover, he had already learned about his boss's brilliant achievements.

Earning 1 billion a month!

The capital was only 100,000!

This was simply something that he did not even dare to imagine!

So maybe the boss really had some special ability…

……

……

This book comes from:m.funovel.com。

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