Core Viewpoint - The article discusses the introduction of floating management fee rate funds in China, highlighting the new fee structure and the competitive lineup of fund managers involved in this innovative product launch [1][10]. Summary by Sections Floating Management Fee Structure - The new floating management fee structure is based on three main factors: the holding period of the investor, the fund's performance relative to a benchmark, and whether the fund has generated profits [1]. - For short-term holdings (less than one year), the management fee remains at a fixed rate of 1.2% [2]. - For long-term holdings (over one year), there are three scenarios for fee calculation: 1. If the fund outperforms the benchmark (CSI 300 Index) by more than 6%, the management fee can increase to 1.5% [3]. 2. If the fund underperforms the benchmark by 3% or more, the management fee is reduced to a maximum of 0.6% [3]. 3. If the fund performs moderately, the fee remains at 1.2% [4]. - The fee structure aims to simplify understanding for investors and sales channels, with consistent rules across the first batch of floating fee funds [5]. Fund Manager Lineup - The initial batch of floating management fee funds features a strong lineup of fund managers, including experienced veterans and promising newcomers [6][7]. - Notable fund managers include senior executives from various fund companies, such as Wang Mingxu from GF Fund and Luan Chao from Huaan Fund, who are leading the management of these funds [7][8]. - The article highlights the presence of "champion" fund managers, such as Wang Xiaochuan from Yinhua Fund, who has recently gained recognition in the market [8]. Launch Timeline - The first batch of 26 floating management fee funds was approved by the China Securities Regulatory Commission (CSRC) in a remarkably short time frame of six working days [10]. - The initial offering of 16 funds is set to launch on May 27, with varying fundraising periods ranging from June 17 to August 26 [10].
大曝光!原来这样“浮”?
Zhong Guo Ji Jin Bao·2025-05-24 09:58