Multiple funds collectively announce fee reductions

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Gelonghui, March 29 – On March 27, 13 funds under Southern Fund simultaneously lowered their fee rates. Meanwhile, the largest cross-border ETF in the market – the Invesco China Hang Seng Index Internet ETF – officially reduced its fee rates starting from the 27th. In addition, including funds under Huashang Fund and Invesco Great Wall Fund, the number of funds that have lowered management fees and custody fees since 2026 has exceeded 70 (different classes are counted separately). Compared to the end of 2023, the average level of management fees and custody fees for all market funds has declined. Compared to the end of 2025, the fund sales service fee rates, which are the focus of the third phase of the fee reform, also saw a slight decrease. The reduction in fees across these different stages brings more than 50 billion yuan in benefits to investors each year.

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