上报到获批仅用时一周，首批创新浮动费率基金今日开抢！明星经理纷纷押注

Core Viewpoint - The launch of the first batch of 16 innovative floating rate funds in China's public fund market marks a significant milestone, reflecting a shift towards performance-based fee structures that align the interests of fund managers and investors [3][4][9]. Group 1: Fund Launch Details - The 16 innovative floating rate funds officially started subscription on May 27, 2023, after a rapid approval process that took only seven days from submission to approval [3][5]. - The funds include notable names such as 中欧大盘智选, 东方红核心价值, and 嘉实成长共赢, with most subscriptions ending in June 2023 [5][7]. - The average subscription period for these funds is around 30 days, with some funds not setting a maximum fundraising limit [7]. Group 2: Fee Structure Innovations - The new floating rate funds feature a tiered management fee structure based on the investor's holding period and performance relative to a benchmark, with rates set at 1.2%, 1.5%, and 0.6% [4][6]. - The funds will distribute earnings through cash dividends rather than reinvestment, simplifying the fee calculation process and enhancing investor understanding [8][9]. - This fee structure aims to address the long-standing issue of fund profitability not translating to investor returns, promoting a model where fund performance directly impacts management fees [9][11]. Group 3: Regulatory and Market Implications - The swift approval process for these funds indicates strong regulatory support for innovation in the public fund sector, reflecting a commitment to high-quality development [10]. - The introduction of these funds is part of a broader initiative to encourage performance-based management fees, aligning the interests of fund managers with those of investors [9][10]. - The funds are primarily equity-focused, with performance benchmarks linked to major indices like the 沪深300 and 中证500, emphasizing the core role of equity investment [7][9].