After 3 years, the public fund rate reform has completed the stage of direct fee reduction and concessions, and has entered a “deep-water zone” of restructuring mechanisms tied to holders' interests. Since this year, new models of floating management fee funds have been normalized, and the scale of the first batch of products reached 22.67 billion yuan at the end of the second quarter, double that of the end of last year. Performance is still the core driving force for the development of the new model of floating management fee funds. A person from Huashang Fund told reporters that reducing fees is an important measure to benefit investors. What the company needs to do is continue to improve product returns, enhance the investor experience, increase investors' holding time for products, and drive scale through performance.

After 3 years, the public fund rate reform has completed the stage of direct fee reduction and concessions, and has entered a “deep-water zone” of restructuring mechanisms tied to holders' interests. Since this year, new models of floating management fee funds have been normalized, and the scale of the first batch of products reached 22.67 billion yuan at the end of the second quarter, double that of the end of last year. Performance is still the core driving force for the development of the new model of floating management fee funds. A person from Huashang Fund told reporters that reducing fees is an important measure to benefit investors. What the company needs to do is continue to improve product returns, enhance the investor experience, increase investors' holding time for products, and drive scale through performance.