下周二开售！16只浮动费率基金披露招募书，新机制下管理费这么收

Core Viewpoint - The approval of 26 floating fee rate funds marks a significant innovation in the public fund industry, breaking away from traditional fixed management fee structures and introducing a performance-based fee mechanism [2][15]. Group 1: Floating Fee Rate Structure - The floating fee rate structure includes three tiers: 1.2% (base), 1.5% (upward adjustment), and 0.6% (downward adjustment), with performance benchmarks set at annual returns exceeding 6% or falling below -3% [16][18]. - For holdings of less than one year, the management fee is charged at 1.2% per annum [16][18]. - After one year, the management fee is determined based on the annualized excess return compared to the performance benchmark [18][22]. Group 2: Fund Characteristics and Offerings - Sixteen funds are set to launch on May 27, with varying end dates for fundraising, the longest being August 26 for the FuGuo Balanced Allocation Fund [9][22]. - Most of the funds are equity-oriented mixed funds, with stock allocations ranging from 60% to 95% of the net asset value [9][22]. - The performance benchmarks for these funds include indices such as the CSI 800 Growth Index and the CSI 500 Index, reflecting a focus on growth-oriented investments [22][24]. Group 3: Management and Operational Requirements - The floating fee rate funds require enhanced operational management capabilities and robust data processing systems to track each fund share's holding period and performance accurately [25][26]. - Fund companies are preparing by establishing comprehensive management guidelines and risk control measures to ensure efficient operation during the product issuance and management phases [25][26]. - The new fee structure aims to align the interests of fund managers and investors, promoting a shared responsibility for investment returns [23][26].