The scale of the first batch of new model floating management fee funds has returned to 22 billion yuan.

After three years, the public fund fee reform has completed the initial phase of direct fee reduction and profit sharing, entering the "deep water zone" of restructuring mechanisms that align with the interests of holders. Since the beginning of this year, the new model of floating management fee funds has normalized in terms of new issuance, with the first batch of products reaching a scale of 22.67 billion yuan by the end of the second quarter, doubling compared to the end of last year. Performance remains the core driving force behind the development of the new model of floating management fee funds. Representatives from Huashang Fund stated to reporters that fee reduction is an important measure to benefit investors; what the company needs to do is to continue delivering good product returns, enhance investor experience, and increase the holding duration of investors in the products, thereby driving scale through performance.