Over 80 funds have reduced their management fees during the year.

Huaxia CSI CSI Hong Kong Gold Industry Stock ETF and Connected Fund announced that starting from May 15th, the management fee rate will be reduced from 0.5% to 0.15%, and the custody fee rate will be reduced from 0.1% to 0.05%. Wanxiang Credit Hengli Bond Fund has decided to reduce the management fee rate, custody fee rate, and C-class fund sales service fee rate starting from May 16th. Public funds industry fees continue to decrease, data shows that more than 80 funds have already reduced their management fee rates this year.