降费！又一批基金出手

Core Viewpoint - A new wave of fund fee reductions has emerged, primarily affecting bond funds, as various asset management companies announce lower management and custody fees in response to regulatory reforms aimed at reducing overall fund costs for investors [1][3]. Group 1: Recent Fee Reductions - Nearly 10 funds have announced fee reductions in June, with a focus on bond products [1]. - Citic Securities Fund announced a reduction in the custody fee for its bond fund from 0.1% to 0.05%, effective June 9, 2025 [1]. - Zheshang Securities Asset Management reduced the custody fee for its bond fund from 0.15% to 0.08%, effective June 5, 2025 [1]. - Jianxin Fund lowered the management fee from 0.7% to 0.3% and the custody fee from 0.2% to 0.1% for its bond fund, effective June 6, 2025 [1]. - Southern Fund announced a reduction in management and custody fees for its mixed fund, with management fees dropping from 1.0% to 0.6% and custody fees from 0.2% to 0.1%, effective June 9, 2025 [1]. Group 2: Background and Regulatory Context - The current wave of fee reductions began in July 2023, following the China Securities Regulatory Commission's announcement of a fee reform plan for public funds [3]. - The fee reform is structured in three phases: reducing management fees, trading commissions, and sales service fees [3]. - By 2025, the reform will enter its third phase, with further reductions in sales fees expected, potentially saving investors a total of 45 billion yuan annually [3]. - As a result of the ongoing fee reform, the number of funds with management fees at or below 0.15% has exceeded 1,000, while those with custody fees at or below 0.05% have surpassed 2,100 [3].