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Multiple QDII funds have announced a reduction in fees, and there may be more QDII fee reductions in the future.
On February 6th, Jinshi data reported that today, several fund companies announced a reduction in fees for their QDII funds. Among them, the annual management fee rate of Huatai Bairui Asian Enterprise was lowered from 1.80% to 1.20%, and the annual custodian fee rate was lowered from 0.35% to 0.20%; Yin Hua Overseas Digital Economy Quantitative Stock Selection and Yin Hua Global New Energy Vehicle Quantitative Stock Selection management fee rate was lowered from 1.50% to 1.20%, and custodial fee rate was lowered from 0.25% to 0.20%; Huaxia Dazhonghua Upgrading, Huaxia Hong Kong Selected, Huaxia S&P Global Oil, and Huaxia Global US Dollar Interest Rate management fee rate were lowered from 1.50%, 1.50%, 1.00%, and 0.90% to 1.20%, 1.20%, 0.80%, and 0.70%, respectively, and the custodian fee rate was adjusted to 0.20%. In the opinion of industry insiders, more QDII funds under the management of other fund companies will join the fee reduction campaign in the future.