记者丨黎雨辰 编辑丨姜诗蔷 在公募费率改革收官之际， 部分货币基金近期却出现了"逆向"上调管理费的现象 。 11月20日，信澳现金宝与富安达神州天添利两只货币基金，双双发布了恢复基金管理费适用 费率的公告，宣布自11月18日起将基金管理费分别恢复至0.80%和0.55%。 仅在数日前，由于基金七日年化暂估收益率低于2倍活期存款利率，两只基金曾将管理费临时 下调至0.30%。 对此两家基金公司均在公告中指出，这一操作旨在"防范每万份基金暂估净收益为负引发的销 售机构交收透支风险"。而依据基金合同约定，当相关风险消除后，基金管理人可恢复原费 率。 事实上，这种简单的"浮动费率"，在货币基金中并不鲜见。为避免在特定的低收益环境下， 基金收益无法覆盖固定费用的问题，不少货币基金均有在合同中设置类似的条款约定。 不过，此类机制本质上并非"主动让利"，也并未从根本上解决费率机制与投资者利益的一致 性。伴随今年以来货币市场利率持续下行、货币基金收益率进入"1%时代"，管理费频繁的"横 跳"不仅为投资者带来困扰，也让部分货币基金常被忽视的高成本问题进一步浮出水面。 | 基金名称 | 信澳现金宝货币市场基金(以下简称"本基金" ...

| 馬会名称 | 信應現金宝寶面市施基金(以下同称"本馬会" | | --- | --- | | 基金简称 | 信息展会紧资质。 | | 所含更代时 | 025672 | | 斯金管理人名称 | 信达测量基金管理有限公司 | | 基金托管人名称 | 中国语泰联记结算有限责任公司 | | 公司签署 | 《公开等集团身教师会信息被调管理办法》(X下同系《信息被器办法》 | | | (信源成金宝装电申均基金基金台团(以下资格"《格会合同》(《消费发金 | | | Partify (4 (FEWSED ARREN) (H) (R) SHERE (H) ST PROSS | | 管理费下调起始日期 | 2026- 11- 17 | | DE 43 BOLEE | 根据本基金(基金合肥)关于管理费的剧关的定;如果以0.80%的管理费; | | | 算的七段中化有些或资率今于或等于2倍活用在家利率,合理人将调整分 | | | 用费为0.30%,以降低等方位基金管估净效直为负并引发销售机构安政运 | | | 支的风险,在任画类风險消障,基金管理人才可恢复计提0.80%的管理费。 | | | 基金管理人应在壹年调整后依照(信息 ...

Core Viewpoint - The company announces a fee reduction for the Xin'ao Cash Management Money Market Fund, effective from November 3, 2025, to better meet investor needs [1][21]. Group 1: Fund Changes - The fund name will change from "Xinda Cash Management Money Market Fund" to "Xin'ao Cash Management Money Market Fund" [21]. - The fund manager will change from Xinda Securities Co., Ltd. to Xinda Australia Fund Management Co., Ltd. [22]. - The product category will shift from "money market collective asset management plan" to "money market fund" [23]. - The product will no longer have a fixed duration, changing from a specified end date to "no fixed duration" [24]. - The product code will change from "970158" to "025672" [26]. - The fund manager will be replaced by Tian Yang from Xinda Australia Fund Management Co., Ltd. [27]. Group 2: Fee Structure and Operations - Starting from November 3, 2025, the sales service fee rate for the fund will be reduced to 0.01% per year [1]. - The minimum initial subscription amount is set at 1,000.00 yuan, with the same amount required for additional subscriptions [7]. - The fund will not charge subscription fees under normal circumstances, unless specified by law or the fund contract [8]. - The fund does not impose restrictions on the minimum redemption amount or minimum holding shares [10]. - The fund will not charge redemption fees in general, except under specific conditions related to the fund's asset composition [11]. Group 3: Investor Communication - Investors are encouraged to read the fund contract, prospectus, and product information documents for detailed information [2][17]. - The company provides customer service through a hotline for inquiries regarding the fund [3][17].