余额宝10余年来首次降费

Group 1 - Tianhong Fund announced a reduction in the custody fee for its Tianhong Yu'ebao money market fund from 0.08% to 0.07%, effective September 23 [1] - The management fee remains unchanged at 0.3%, and the sales service fee is still 0.25%, resulting in a total operating fee of 0.62% for the fund [1] - This is the first fee reduction since the fund's inception over 10 years ago, with an estimated cost saving of nearly 80 million yuan for investors due to the 0.01% reduction in custody fees [1] Group 2 - Two other money market funds also announced fee reductions, with Guoxin Guozheng Cash Income reducing its management fee from 0.3% to 0.2% and its custody fee from 0.1% to 0.07%, totaling a fee reduction of 0.13% [2] - E Fund's Guarantee Fund lowered its management fee from 0.2% to 0.15% and its custody fee from 0.08% to 0.05% [2] - The trend of fee reductions has become a prevailing theme in the public fund industry, driven by the low interest rate environment and regulatory changes aimed at reducing sales service fees for money market funds [2]