The China Securities Regulatory Commission reduces the rate of rates of stock funds, and promises to promote various professional institutional investors to increase the allocation of equity assets through public funds and increase their efforts to boost the market.
The China Securities Journal Saturday (July 8) quoted the reform of the public fund rate of the China Securities Regulatory Commission, stating that the management rate of new registered product management rates and pipe management rates did not exceed 1.2%, 0.2, respectively, and 0.2, respectively.%.
In addition, it will strive to increase the commission rate of public fund securities trading commissions at the end of 2023. It will strengthen the communication and coordination of cross -ministerial committees, and promote various professional institutional investors to increase equity assets through public fundraising funds.Configuration.
According to Bloomberg, in recent months, with the decline in the stock market and the weak China's economic recovery, new funding has fallen sharply, further cracking down on investor emotions that have been dissatisfied with high costs and low returns.
According to data from the market intelligence supplier Chenxing Company, as of May 25, this year's public fund raising approximately 400 billion yuan (the same below, about 74.8 billion yuan)One -third of May, of which the proportion of stock -related products dropped by about half to 42%.
The China Securities Regulatory Commission said in another statement of the official website that it supports public fund managers and other industry institutions to "reasonably" reduce funding rates, but does not provide details.The statement pointed out that it has steadily reduced the level of industry comprehensive rates, promoting the healthy development of the industry and more coordinated, supporting each other, and realizing the interests of investors.
According to the statement of the relevant company's website, the upper limit of the management fee of most products has been reduced from 1.5%, and most of them have been reduced from 0.25%.Effective from the 10th.According to the China Securities Journal, the management rate and management rate rate of other stocks will strive for compliance by the end of 2023.
China Securities Journal reported that although the rate of rates of China's active equity fund "relatively high", after this decrease, the actual cost is lower than the level of comparable overseas markets, and it is said thatIt costs 1.2%.
It is reported that the regulations will be amended to further standardize the charging of public fund sales links, and it is expected to be completed by the end of 2024.In addition to the purchase fee, sales service fee, and redemption fee, the sales institution also collects a certain percentage of commissions from the fund management fee.
