Huatai Fund, China Merchants, etc. announced the reduction of fees for their QDII products, with the annual management fee reduced to 1.2%.

10 data January 23 news, January 22 evening, Huatai, CMB and other fund companies announced that their QDII funds have reduced fees, marking the first shot of QDII fee reduction in 2025. Specifically, the annual management fee and annual custody fee of these companies’ QDII funds have been reduced to 1.2% and 0.2% respectively. It is reported that other fund companies’ QDII funds may also gradually reduce fees in the future, and the overall fee level of QDII may be consistent with actively managed equity funds. Industry insiders believe that fee reform can better benefit fund investors, which is an important measure for the fund industry to implement the new ‘nine provisions’ regarding the ‘gradual reduction of overall fees’ in the fund industry, and also an important manifestation of the fund industry’s commitment to prioritizing investor interests.