Core Viewpoint - E Fund announced a reduction in management and custody fees for its pure bond fund, effective November 11, as part of a broader industry trend to lower costs for investors following the public fund fee reform initiated in July 2023 [1] Group 1: Fee Adjustments - The management fee for the pure bond fund will decrease from 0.35% per year to 0.30% per year, while the custody fee will drop from 0.10% per year to 0.05% per year [1] - Earlier this year, E Fund also reduced fees for two of its bond funds, with management and custody fees for E Fund Investment Grade Credit Bond being lowered to 0.30% and 0.05% respectively, and for E Fund China Bond New Comprehensive Bond Index being reduced to 0.15% and 0.05% respectively [1] Group 2: Industry Trends - Since the launch of the public fund fee reform in July 2023, industry players have actively reduced fees to benefit investors, with E Fund lowering fees for over a hundred public funds across various categories including active equity, index, fixed income, multi-asset, and money market products [1] - E Fund is committed to maintaining low fee rates to reduce investors' financial management costs and better meet their investment needs [1]