首只破20亿元+提前结募 第二批浮动费率基金发行提速

Core Insights - The early closure of the fundraising for the China Europe Core Select Mixed Fund and the E Fund Value Return Mixed Fund indicates a strong market acceptance of floating fee rate funds, with the former surpassing 2 billion yuan in fundraising [1][2] - The floating fee rate mechanism links management fees directly to investor returns, promoting a shared interest model that enhances fund managers' accountability and long-term investment motivation [1][6] Fundraising Developments - The China Europe Core Select Mixed Fund ended its fundraising early on August 12, having reached a scale of over 2 billion yuan, while the E Fund Value Return Mixed Fund also announced an early closure on August 13 [2] - Both funds are part of the second batch of new floating fee rate funds, which were launched on August 4, and their early closure reflects a competitive environment among these products [2][3] Regulatory Context - The China Securities Regulatory Commission (CSRC) initiated a public fund fee reform in May 2023, introducing a floating management fee mechanism linked to fund performance [4] - The second batch of 12 new floating fee rate funds received approval on July 24, indicating a significant shift in the public fund industry towards performance-based fee structures [4] Advantages of Floating Fee Rate Funds - The new floating fee rate model aligns the interests of fund managers and investors more closely, encouraging fund managers to enhance their active management capabilities while also focusing on risk management [6][7] - This model promotes a "risk sharing, benefit sharing" principle, shifting the focus from mere scale expansion to investment returns, thereby fostering a healthier interaction between fund managers and investors [6][7]