最新一批浮动费率基金发行定档

Core Viewpoint - The approval of the first batch of 26 floating-rate funds marks a significant step in the implementation of the "Action Plan for Promoting the High-Quality Development of Public Funds," aiming to align the interests of fund managers and investors more closely [1][4][7]. Fund Management Fee Structure - The new floating-rate funds will charge management fees based on performance relative to a benchmark, with a tiered structure: 0.60% if underperforming by 3% or more, 1.50% if outperforming by 6% or more, and 1.20% for other scenarios [1][3][4]. - This fee structure represents a shift from traditional fixed-rate funds, emphasizing a performance-based approach that encourages long-term investment [5][8]. Industry Trends - The floating-rate model is expected to become a standard practice for actively managed equity funds in the future, as indicated by industry experts [2][4]. - The regulatory framework encourages leading asset management firms to issue floating-rate funds, aiming for at least 60% of their actively managed equity fund issuance to be in this format within a year [4][7]. Operational Requirements - The implementation of floating-rate funds necessitates enhanced operational management capabilities and robust data processing systems from fund companies [5][8]. - Companies like Huaxia Fund have prepared comprehensive management guidelines and risk control measures to ensure efficient operation during the issuance and management of these funds [5]. Investor Benefits - The floating-rate funds are designed to create a mechanism for shared risks and rewards, promoting a healthier ecosystem where investor interests align with fund performance [6][8]. - The focus on performance relative to benchmarks is expected to improve investment behavior stability and enhance the overall investment experience for investors [7][8].