After the Spring Festival, 47 public offering products were centrally reduced in rates, and some fund management fees were nearly halved

2022-02-11 08:24:00

Cathay Fund announced on the evening of the 10th that in order to better meet the financial needs of investors, since February 15, 2022, the annual management rate of Cathay Minfu Strategic Value Flexible Allocation Hybrid Securities Investment Fund has been reduced from the original 1.50% to 0.80%. Not only Cathay Pacific fund products, according to statistics, a total of 47 funds have issued rate reduction announcements after the Spring Festival, of which "preferential rates" are the mainstay, including subscription fees, redemption fees, etc., and there are not many funds that reduce management fees. (Financial Associated Press)

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After the Spring Festival, 47 public offering products were centrally reduced in rates, and some fund management fees were nearly halved

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