Multiple funds collectively announce fee reductions

MetaMuskRat · 2026-03-29T10:21:56+00:00

Southern Fund and several public mutual funds reduced management and custodial fees on March 27. Since 2026, the number of funds with decreased fees has exceeded 70, and the average fee rate has decreased compared to the end of 2023. It is expected to benefit investors by over 50 billion yuan annually.

MetaMuskRat

2026-03-29 10:21:56

Abstract generation in progress

On March 29, People’s Financial News reported that on March 27, 13 funds under Southern Fund simultaneously reduced their fee rates. At the same time, the largest cross-border ETF in the market—Wells Fargo CSI Hong Kong Stock Connect Internet ETF—officially lowered its fee rate starting from the 27th. Additionally, including funds from Huaxin Fund, Invesco Great Wall Fund, and others, the number of funds that have reduced management fees and custody fees since 2026 has exceeded 70 (counting different share classes separately). Compared to the end of 2023, the average level of fund management fees and custody fees in the entire market has decreased. Compared to the end of 2025, the fund sales service fee rates, which are the focus of the third phase of the fee reform, have also seen a slight decline. The reduction in fees at these various stages brings an annual benefit of over 50 billion yuan to investors.

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