拟合理调降公募基金认购费、申购费等，证监会发文

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has revised the regulations on the management of sales fees for publicly offered securities investment funds, now titled "Regulations on the Management of Sales Fees for Publicly Offered Securities Investment Funds," and is seeking public feedback. Group 1 - The maximum subscription fee rates for equity funds, mixed funds, and bond funds have been reduced to 0.8%, 0.5%, and 0.3% respectively, encouraging sales institutions to offer further discounts while covering costs [1] - The redemption fee structure has been simplified from four tiers to three, with all redemption fees now included in the fund's assets, promoting long-term investment by optimizing the fee arrangements for holding periods of 7 days, 30 days, and 6 months [1] - The maximum sales service fee rates for equity funds, mixed funds, index funds, bond funds, and money market funds have been reduced to 0.4% per year, 0.2% per year, and 0.15% per year respectively, with no further sales service fees charged for fund shares held over one year (excluding money market funds) [1] Group 2 - The legal positioning and functional role of the Fund Industry Service Platform (FISP) for institutional investors has been clarified, encouraging institutions to engage with the platform and enhance direct sales capabilities [2] - Other modifications include stipulations that idle funds in the clearing accounts of distribution agencies should accrue interest at current deposit rates for the benefit of the fund, and that fund advisory services must not charge dual fees, alongside strengthened integrity requirements prohibiting improper benefits in fund sales activities [2]