5月27日发售！首批新型浮动管理费率基金火速定档

Core Viewpoint - The newly approved floating management fee rate funds are expected to attract significant investor interest due to their performance-linked fee structure, which enhances investor engagement and aligns the interests of fund managers and investors [1][6]. Group 1: Fund Launch and Structure - Sixteen fund management companies have announced the launch of new floating management fee rate funds, with the first sale date set for May 27, following the approval on May 23 [3]. - Some funds, such as E Fund's Growth and Progress Mixed Fund and Huaxia's Rui Xiang Return Mixed Fund, have set a fundraising cap of 5 billion yuan, while others like Fortune's Balanced Allocation Mixed Fund have no upper limit [3]. - The minimum fundraising requirement for some products, like the China Europe Large Cap Intelligent Selection Mixed Fund, is set at 10 million shares [3]. Group 2: Fee Structure - The management fee structure varies based on the holding period and performance relative to a benchmark. For holdings under one year, a fee of 1.2% is charged, while for longer periods, fees are tiered at 0.6%, 1.2%, and 1.5% based on performance [4][3]. - For example, if the annualized excess return exceeds 6% and the holding return is positive, a fee of 1.5% is applied; if the excess return is -3% or lower, a fee of 0.6% is charged [4]. Group 3: Industry Impact and Manager Selection - The introduction of floating fee rate products is seen as a significant innovation that aligns management compensation with investor returns, promoting a shift from scale-driven to value-driven industry practices [4]. - Fund managers with over eight years of experience are being appointed to lead these new funds, reflecting a focus on performance and investor satisfaction [5]. - The new fee structure and performance-based evaluation of fund managers are expected to enhance the overall quality of service and investment performance in the industry [5].