The second batch of new floating rate funds has been approved
2025-07-24 10:55:38
On July 24th, it was learned from the Securities Supervision Commission that the second batch of 12 new floating rate fund products was registered by the Securities Supervision Commission and will be sold one after another. This means that this batch of products can be put on the shelves as soon as next week. According to reports, consistent with the first batch of products, each fund manager has set a rate level of 1.2% (benchmark), 1.5% (upgrade), and 0.6% (downgrade). When an investor holds a product redeemed after one year, if it basically meets the performance comparison benchmark for the same period, the benchmark rate shall apply; if the annualized income level significantly underperforms the performance comparison benchmark, the lower-end rate shall apply; if a positive income is obtained and the annualized income significantly exceeds the performance comparison benchmark, the upgrade management rate shall apply. < b > In addition, if an investor redeems the product within one year, the grading arrangement shall not apply, and the management fee shall be charged at the benchmark rate.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
