2025-05-14 14:03:16

Golden Ten Data reported on May 14 that after the first batch of gold ETF fee reductions in 2024, another gold ETF has recently joined the fee reduction team. Starting from May 15, ChinaAMC CSI Shanghai-Shenzhen-Hong Kong Gold Industry Equity ETF and feeder funds will reduce the management fee fee and custody fee rate to the lowest rate level of similar products in the whole market, that is, 0.15% and 0.05%, and the current fee rate of 20% ETF has been reduced to this level. Since the beginning of the year, more than 80 funds have successively reduced fees, including active equity funds, ETFs, bond funds, etc. It is pointed out that the reduction of management fees and custody fees of ETFs can enhance the market attractiveness of products, and the transaction costs of investors will also be reduced, and the competitive advantage will be more obvious compared with the same variety of products.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

Reward
like
1
Repost
Share

Comment

Add a comment

MirrorMystery

· 2025-05-14 14:03

Jin10 data reported on May 14, gold dropped as investors' risk appetite increased, despite the persistent uncertainty surrounding the path of tariff negotiations and a growing optimism regarding interest rate cuts this year. Forex.com market analyst Fawad Razaqzada stated: "With tariffs dropping and negotiations showing actual progress, investors are becoming increasingly reassured. More importantly, the lower-than-expected inflation data released by the U.S. on Tuesday added fuel to the fire, easing concerns that Trump's trade tariffs would trigger a new wave of inflation. Bearish momentum may last for a few days, but the long-term bullish outlook remains intact."

View OriginalReply0