"Isn't it a management fee? What is the fee?" Hao Jianguo stunned, and then asked subconsciously.

"Of course this is this!" Little Swift's fingers clicked gently on this list, and finally fell on a cost of a transaction commission.

"Transaction commission? What can you make?" Hao Jianguo first stunned. Trading commission is a universal cost that all funds will charge. It is also the cost that users must pay when buying funds.

The transaction commission itself is not high, only 3 ‰ of the total transaction volume, and this transaction commission is not completely earned by the broker. In fact, a large part of this money is to pay the stamp duty of the stock market.

Management fees, securities trading fees required for the exchanges, in special circumstances, there are still household fees and so on.

This 3 ‰ transaction commission may finally fall into the hands of the fund company. It may be only half or even about 1/3. This is never a project that fund companies are used to make money.

I can receive about 2%of the cost, I don’t know where to go more than this 3 ‰.

This has always been a toll project that the fund company does not value. Hao Jianguo did not expect that it would be the most profitable project at first. But after the characteristics of Swelv, Hao Jianguo thought about it, and instantly reacted.

This is indeed the most profitable project in the whole process.

The reason why this name did not make money was because there was only a chance to charge one fee a year, and of course, I did n’t make much money.

But what if the user frequently trades? Not to mention, assuming a user only traded once a month, that year, he could receive a transaction commission equivalent to 3%. If it was 100 billion US dollars, then this is $ 3 billion

The cost is no longer much lower than just charging the management fee daily.

But is a user really traded only once a month?

This is not necessarily. Under normal circumstances, users cannot control their fund conditions. They can only wait patiently for the annual income settlement. There is no way to trade.

But if they can really look at the fund's data every day, can they still hold the fund tightly in their hands?

No, when they see yesterday's fund income of losses, they immediately panic, and many people will choose to sell the funds in their hands today and want to stop the loss in time.

And if you see yesterday's fund income skyrocketing, there will be many people who want to buy the fund back. This is the stupid thing that normal people will do.

In fact, for an ordinary person, it is a very bad thing to give him free transactions and options, because it always follows the design of smart people, and step by step to push all the hard -earned money in his hand.

It is not that they are stupid, but their knowledge is not as good as those who are managed in secret, so they can only go step by step to the abyss and lose all their money.

This can be fully witnessed in the stock market. Those who are staring at the market every day and watching their own stock prices every day, then these people will do it on the fund, and then it seems that it does not seem to be not.

There are many, but each time has a transaction commission of 3 ‰, it is given to the fund company for no reason.

And if you think about it, you will find that these transaction commissions are actually not cost -effective for the Western Mustang Fund.

As mentioned before, most of the transaction commissions need to be used to pay various procedures. Fund companies can only earn a small part of them. Some fund companies do not even make money.

However, this is not the case for the Western Mustang Fund. Swelvter said that the transactions of these users every day will not actually let the Western coastal funds really sell the securities in their hands to pay back.

Instead, it is paid from the reserve of the Western R & D Fund. These reserve funds are placed in the bank's account throughout the process. There are almost no costs in the funds in and out of the funds, but they still collect it according to the transaction commission of 3 ‰.

The transaction commission of 3 ‰ is pure profit.

That's why Srifter said that this transaction commission is the biggest source of profit for this plan, and the Western Mustang Fund is the ultimate winner. Each year rely on simple transactions and management expenses, conservative estimates can earn earn to earn money

Taking is equivalent to a net profit of about 10%of the fund.

And it can also throw all the risks to the customer's head, and the Western Mustang Fund itself does not have any risk of losing money. Your current Western Mustang Fund's status in the eyes of stockholders and the title of the god of black financial gods

Look, the stable profit of tens of billions of dollars per year is not enough to run!

"Too tm shameless!" After thinking about it, Hao Jianguo grew up and couldn't help muttering.

"Do you say your colleagues like this? These are the profit of the company, and your future bonus!" Swelvter rolled his eyes, and then said, "Now the plan is stuck in the Mi Guo Securities Exchange Supervision Committee.

They always say that our plan will generate systemic financial risks and requires us to rectify the plan. This has changed the sixth edition. We have added some measures to maintain safety, but we have not passed it.

I can find your big man to help! "

"This can't blame the Securities and Trading Supervision Committee of the Securities and Trading. You basically throw all the risks on the buyer's head.

"Cut, I think this committee can make us difficult, otherwise the nonsense of the secondary loan can pass the review. Why is this a solution that only changed the transaction method, but it can't be approved?"

Little Swove said angrily.

Hao Jianguo couldn't say it anymore. Indeed, the fools such as sub -loans can see that the risk is extremely high. Once the collapse of the world, the securities supervision and management committee can pass the approval.

The mode is not approved, and the game can not say.

"Actually, according to my understanding, Wall Street passes more than a dozen financial products like me, or financial innovation products like me, or like secondary loans. As long as there are no risks that can be seen by fools, the securities supervision and management committee will review and pass

After all, the entire Securities Supervision and Administration Commission is actually composed of those of the Wall Streets. They cannot stop their own interests. "

"That is the project of the Western Mustang Fund where our father does not talk about his mother and does not love. It cannot be reviewed by life. Therefore, I need you to find a way. No matter how much money it is spent, we must let those who are blocked by us.

"

"After all, next month will start the settlement of the third issue and prepare to sell the fourth phase of the fund. If we miss this time node, then we will have to wait for another year!" Xiao Swov sighed,

Then he patted Hao Jianguo's shoulder and said, "Good brother, all hope now is on you alone, you must be powerful!"

"I try to try it hard, but I can't guarantee it. After all, my friends are not too much on Wall Street!" Hao Jianguo said vaguely, where dare to give any guarantee. He can only leave the Western Mustang Fund Fund

After that, the related things reported to the old man of Goldman Sachs, and then waited for the other party to make a decision.

"Genius!" After reading the entire plan, the old man filmed the case, and even the whole person stood up. "This little Swift is really a super genius.

There are so many people in Goldman Sachs who can think of it! "

The old man was very excited when he said this, and the whole person was even ashamed.

You know, what does Goldman Sachs start?

That is to start with the funds that given other people's stocks and the most primitive form. Later, it evolved into this huge financial giant, but even now, the agent and sales funds are still one of Goldman Sachs.

Core business.

Goldman Sachs has more than 30,000 professional talents worldwide.

But there are so many professional talents, and no one can take out the genius -like fund operation plan in the little Swift's hand, which will naturally make the old man feel sincere.

Of course, this is not to say that Goldman Sachs is too stupid, but that Goldman Sachs has been immersed in traditional projects, and lacks Internet thinking. If this plan of Switt has no Internet, it will definitely not be completed.

After all, frequent transactions to be carried out every day, involving a lot of computing work. If the staff who rely on Goldman Sachs offline to speak, then Goldman Sachs must not hire 100,000 people to be responsible for these transactions. At the same time

People provide specialized on the street office, which is enough to overwhelm the profits of all the transactions.

So without the Internet, this thing is impossible.

But with the Internet, everything is different. Everything can be automatically completed by the Internet program. It only needs to send a dozen programmers to stare at the background to support the entire business.

Righteousness.

Goldman Sachs is currently a traditional financial enterprise. There is no Internet thinking in the head. Naturally, it is impossible to take the lead in tossing such a set of sparse Internet financial solutions in the market outlook.

"Sir! Do you want to help Huanghe?" After the old man praised, Hao Jianxiao asked.

"This is naturally not good. How could I make Huanghe earn billions of dollars of net profit every year!" The old man said for granted, but after a few seconds, his expression changed a little.

This seems to be ... it can't be rejected.
Chapter completed!