首批26只新型浮动费率基金获证监会注册

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has registered 26 new floating fee rate funds, which are expected to be offered to investors soon, allowing subscriptions through commercial banks and internet platforms [1][2]. Group 1: Fund Structure and Fee Rates - The initial products have three fee rate levels: 1.2% (benchmark), 1.5% (upward adjustment), and 0.6% (downward adjustment) [1]. - Fund managers will adjust management fees based on the annualized return compared to the performance benchmark after one year of holding the product [1]. - If the annualized return is in line with the benchmark, the benchmark fee rate applies; if it lags by 3%, the lower fee rate applies; and if it exceeds the benchmark by 6%, the higher fee rate applies [1]. Group 2: Redemption and Future Developments - Investors redeeming the product within one year will incur a flat management fee at the benchmark rate, without the tiered structure [2]. - There is significant interest from other fund managers in developing new model products, indicating that floating management fee rate products are likely to become a regular offering in the market [2].