Core Viewpoint - The self-purchase of floating rate funds by fund companies is a significant way to express confidence in the market, with a total self-purchase amount reaching 100 million yuan as of June 9, 2023 [1][2][3]. Group 1: Fund Companies' Self-Purchase Activities - On June 9, 2023,交银施罗德基金 self-purchased 20 million yuan, increasing the number of fund companies participating in self-purchase to eight, with a total self-purchase amount of 100 million yuan [1]. - Fund companies such as 东方红资管, 天弘基金, 博时基金, and 中欧基金 each self-purchased 10 million yuan, while 兴证全球基金 and 大成基金 self-purchased 20 million yuan [2][3]. - The self-purchase activities reflect a commitment to aligning the interests of fund companies with those of investors, enhancing the quality of public fund development [4]. Group 2: Benefits of Floating Rate Funds - Floating rate funds optimize fee structures, reducing holding costs for investors, as management fees can decrease significantly when fund performance is poor [5][6]. - The floating fee mechanism incentivizes fund managers to enhance performance, as management fees are linked to fund performance, promoting a shift from a scale-oriented to a performance-oriented industry [6][10]. - The design of floating rate funds encourages long-term holding by reducing the impact of short-term market fluctuations on investor behavior [7][9]. Group 3: Trust and Confidence in Fund Management - The floating fee mechanism strengthens the binding of interests between investors and fund managers, fostering trust as higher fees are only earned when fund performance is strong [8][12]. - Fund companies' self-purchases, such as that of 宏利基金, demonstrate confidence in their management capabilities, further enhancing investor trust [11]. - The floating fee structure improves the overall investor experience by lowering costs during poor performance and focusing on long-term returns [9][10].