Multiple funds have reduced their fees

On October 8, Jinshi Data reported that under the market’s high rise, several funds have lowered their rates. Today, Southern Fund announced that it will lower the management fee and custodian fee for Southern Haosheng Stable and Optimal 6-month holding from October 10, 2024. The annual management fee rate will be reduced from 0.8% to 0.4%, and the annual custodian fee rate will be reduced from 0.15% to 0.05%. Penghua Fund also announced the adjustment of the management fee and custodian fee for Penghua CSI 300 ETF. The annual management fee rate will be reduced from 0.50% to 0.15%, and the annual custodian fee rate will be reduced from 0.10% to 0.05%.