"Funds frequently lower fees, over a thousand funds with low fees."
Recently, another batch of funds have lowered fees. Just since June, nearly 10 funds have announced fee reductions, with the majority being bond products. According to Wind statistics, the number of funds with annual management fees of 0.15% or below has exceeded 1000, mainly consisting of stock index funds, bond funds, and money market funds. The number of funds with annual custody fees of 0.05% or below has exceeded 2100, also mainly consisting of stock index funds, bond funds, and money market funds. Some money market funds have custody fees as low as 0.04%. Industry experts remind investors to look at fee reductions rationally, not simply pursue low rates, as long-term fund performance and risk control are more critical.
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