Fund price war intensified, only 10 fund down rate in August-doat

The fund rate price war intensified in August 10 fund cut rates, reporter Zhang Xin, editor of Yu Yong recently, many fund companies announced the holders’ meeting convened by the "centralized" rate. In this regard, insiders pointed out that this year, stocks and bonds market are lack of systematic opportunities, fund money effect is also affected, and now the public fund is the main organization pattern, gold pressure, making the fund company’s discount rate war intensified the situation presented. Rate concessions popular in September 2nd, the permanent win stability announcement lowered the fund redemption fee. On August 30th, Chinese new opportunities, Huaan daily, GF Xin Aetna returns, and the League of nations Xinxiang reduced management fee or custodian fees in the same announcement. Coincidentally, only in the 8 month, and Cathay policy driven, Cathay Bank Restructuring, 21 days of financial bonds, Eastern Dingxin flexible configuration, flexible configuration, New Oriental Hui Peng Gary 10 double debt fund through the program will be lowered to varying degrees, the rate in the holders of the general assembly. Generally speaking, most of the stock fund management fee is 1.5%, the bond fund management fees are 0.8%, between the flexible allocation fund management fee generally between the two. Data statistics show that the current management fees below 0.6% and 0.6% of the partial stock fund has more than 100. In terms of hosting fees, the previous hosting fee is generally around 0.25%, and there are nearly 30% funds will be managed to reduce the cost to below 0.15%. In addition, the fund will charge subscription fees and redemption fees according to different shares or sales channels. However, this year, a number of fund companies large-scale distribution of low rate C class share, but also led to a substantial reduction in the above rates. Generally speaking, in terms of subscription fees, most of the C class share subscription fee is 0, only a few C class share funds for the purchase fee to take the sub file fees. For the redemption fees, the vast majority of class C shares take fee is redeemed for 30 days following the holding fee of 0.5%, holding more than 30 days is 0, the currency and bond funds are directly given zero discount redemption fee. In particular, popular in the low rate now, in addition to the fund company, many third party fund sales platform also played cards preferential rates. At present, most of the third party fund sales platform subscription fee has been reduced from ninety percent off to sixty percent off in the past, some products have even given directly zero subscription fee concessions. According to statistics, the current monetary fund in the market, the lowest comprehensive rate of only 0.2%, partial stock products comprehensive rate of only 0.55%, less than 1% is not a few. Rates are likely to be more favorable for large sums of funds with long maturity. The price war has become a double-edged sword in Southern China a large fund company’s marketing department explained to reporters, now the fund issued almost fell to the freezing point, outsourcing funds can be said that each fund company’s "life-saving straw", now the price war is one of the outsourcing of fund companies to snatch the funds. The homogenization of products in the industry and the market environment is also serious, in general, can be said that no one fund in capital docking outsourcing "win" to grasp, so once D

基金费率价格战愈演愈烈 仅8月10只基金下调费率 ⊙记者张馨○编辑于勇近期,多家基金公司公告召开持有人大会,“集中”下调各项费率。对此,业内人士分析指出,今年以来,股、债市场均缺乏系统性机会,基金产品的赚钱效应也受到了一定影响,加之如今公募基金日趋机构化的格局,金主施压,使得基金公司的费率优惠战呈现愈演愈烈的态势。费率优惠大行其道9月2日,永赢稳益公告下调基金赎回费。8月30日,华夏新机遇、华安日日鑫、广发安泰回报,以及国联安鑫享在同一日公告下调管理费或托管费。无独有偶,仅在8月,还有国泰国策驱动、国泰结构转型、交银21天理财债券、东方鼎新灵活配置、东方惠新灵活配置、鹏华双债加利等10只基金在持有人大会通过了将不同程度地下调各项费率的方案。一般而言,大部分股票型基金的管理费为1.5%,债券型基金的管理费大多为0.8%,灵活配置型基金的管理费一般介于前述两者之间。数据统计显示,目前管理费在0.6%及0.6%以下的偏股型基金已有逾百只。就托管费而言,以往托管费一般是0.25%左右,目前也有近三成基金将托管费降低到0.15%以下。此外,基金也会根据不同份额或销售渠道收取一定程度的申购费和赎回费。不过,今年以来多家基金公司大举布局低费率的C类份额,也带动了上述费率的大幅降低。一般来说,就申购费而言,大部分C类份额的申购费为0,仅少数几只C类份额基金对于申购费采取分档收费。对于赎回费而言,绝大多数C类份额采取的收费标准是持有30天以下的赎回费为0.5%,持有30天以上则为0,部分货币型和债券型基金也直接给出了零赎回费的优惠。尤其值得注意的是,在低费率大行其道的现在,除了基金公司之外,不少第三方基金销售平台也大打费率优惠牌。目前,大多数第三方基金销售平台的申购费已经从以往的四折下降至一折,部分产品甚至直接给出了零申购费的优惠。据此统计,目前市场中货币基金的综合费率最低仅0.2%,偏股型产品的综合费率最低仅0.55%,低于1%的也不在少数。对于持有期限长的大额资金而言,费率可能更加优惠。价格战成为双刃剑华南某大型基金公司市场部人士向记者解释道,如今基金发行几乎降至冰点,委外资金可以说是各家基金公司的“救命稻草”,如今的价格战也是基金公司抢夺委外资金的方式之一。“行业内产品同质化现象严重,而且市场环境也一般,可以说没有哪一家基金公司在对接委外资金方面有‘必胜’的把握,因此一旦机构资金流露出赎回的意向,基金公司就不得不以‘降价’的方式留住资金。”上述人士称。除此之外,沪上某基金公司市场部人士指出,每逢季末或年末,基金公司寻求“帮忙资金”冲规模也是业内历来惯常的做法之一,但是在帮助基金公司实现规模增长的同时,不少资金对于费率也可以说是“斤斤计较”。“以往货币基金是冲规模的主力军,但是伴随着无风险收益的不断走低,如今货币基金的收益率水平仅维持在2%左右,并不能满足许多资金方的要求,因此固定收益类产品和打新基金逐渐承担起了冲规模的‘重任’,由于此类产品收益水平普遍不高,基金公司也往往不得已必须给予资金方一定程度的费率优惠。”以一只2亿元到点成立的“定制”基金为例,如果管理费从0.8%下降至0.6%,那么对资金方而言,就可以“节省”约40万元。“在如今的市场环境中,这部分收益不可忽视。”上述人士同时指出。对于基金价格战愈演愈烈的现象,某第三方基金分析师向记者分析指出,费率优惠的本质是基金公司让利于投资者的一种方式,旨在提升基金产品的投资价值,但是如果没有提升公司自身投研实力,只是一味让利,那么无疑只会形成恶性循环,对于公司长远的发展并无益处。反之,对于一些综合投资能力强,机构业务与散户业务均衡发展的基金公司来说,实施费率优惠可能会带来更多增量,“薄利多销”之下也有望带动基金公司盈利水平的提升。THE_END相关的主题文章: