基金大事件|公募基金销售费率改革方案正式推出；又见基金经理“清仓式”卸任

Group 1: Federal Reserve Rate Cut - The Federal Reserve lowered the benchmark interest rate by 25 basis points to a range of 4.00% to 4.25%, resuming the rate cuts paused since December of the previous year [2] - The decision is expected to lead to a downward trend in the US dollar and US Treasury yields, positively impacting gold and overseas assets [2] - The A-share market is anticipated to continue its upward trend, with technology growth sectors expected to benefit the most [2] Group 2: Securities Firms and Compliance Issues - Hunan Securities Regulatory Bureau issued a warning to Huabao Securities for violating client solicitation regulations [3] - The A-share market has shown increased trading activity, but some securities firms are engaging in non-compliant practices to capture market share [3] Group 3: Fund Manager Changes - Recent announcements indicate that high-performing fund managers are likely to leave their positions, with new managers being appointed to their funds [4] - The trend of fund manager turnover is attributed to the high-quality development action plan for public funds and the increasing "Matthew effect" in the industry [4] Group 4: ETF Fund Applications - There has been a surge in applications for chemical-themed funds, with four new funds submitted for approval in September [5][6] - The increased interest in chemical funds is driven by positive investment outlooks and expectations of a new supply-side reform in the industry [6] Group 5: Public Fund Sales Fee Reform - The China Securities Regulatory Commission has introduced a sales fee reform plan aimed at reducing investor costs and enhancing the quality of the fund industry [7][8] - The reform includes measures to lower subscription fees and regulate advisory services, addressing industry pain points [8] Group 6: REITs Market Trends - The public REITs market experienced a decline, with the overall index down by 0.81% as of September 12 [11] - The decline was observed across various project types, with only a small number of REITs showing positive performance [11] Group 7: Securities Firms' Dividend Policies - A total of 28 out of 42 listed securities firms announced plans for mid-term dividends, with a total proposed payout of 18.797 billion yuan, marking a nearly 40% increase from the previous year [12] Group 8: International Asset Management Developments - DWS, a major European asset management firm, plans to launch an ETF tracking the CSI A500 index in October, aiming to provide new investment opportunities in Chinese assets [13] - The firm believes that international investors will soon recognize their underexposure to the Chinese market [13] Group 9: Private Fund Issues - A private fund has been implicated in illegal fundraising activities, leading to police intervention and the disappearance of a key executive [18] - The case highlights ongoing concerns regarding compliance and regulatory oversight in the private fund sector [18]