平安基金旗下债券基金突降赎回费 被指为机构资金定制撤退通道

Group 1 - The core point of the article is the controversy surrounding Ping An Fund's announcement of a redemption fee discount for its Ping An Hui Xiang Pure Bond Fund, which is perceived as favoring institutional investors over retail investors [2][3] - The fee discount period is set from August 1 to August 31, 2025, with specific reductions in redemption fees based on the holding period, significantly lowering fees for longer holding periods [2] - The discount is only applicable to investors who redeem through Ping An Fund's direct sales counter, which limits access for most retail investors who typically use distribution channels [2] Group 2 - The majority of the fund's shares are held by institutional investors, with over 99% of the A share being owned by them, indicating a strong bias towards serving large clients [3] - The fund experienced a significant increase in shares from 0.2 million to 8.16 million, followed by a large redemption of 2.63 million shares in the second quarter of 2025, highlighting the volatility and institutional focus [3] - Industry experts are calling for regulatory bodies to enhance the guidance on fund fee policies to ensure market fairness and protect the interests of small and medium investors from selective discounts [3]