Penghua CSI Hong Kong Stock Connect Technology ETF reduces its fees.
Penghua Fund announced that Penghua CSI Hong Kong Stock Connect Technology ETF has reduced its fees. The management fee has been lowered from 0.60% to 0.45% annually, and the custodian fee has been lowered from 0.15% to 0.10% annually. Penghua CSI Hong Kong Stock Connect Technology ETF was established in December 2021 with a scale of 467 million yuan as of the end of the first quarter of this year, and its return rate has exceeded 50% in the past year.
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