Yifangda lowers the management fees of two funds.

On May 7th, E Fund announced that starting from May 12th, it will reduce the management fees for E Fund ChinaBond New Aggregate Bond Index Fund and E Fund Investment Grade Credit Bond Fund. The annual management fee for the former will be reduced from 0.30% to 0.15%, and for the latter, it will be reduced from 0.35% to 0.30%.