基金费率新规落地,谁最吃亏谁最受益?

华尔街见闻
Sep 07

2025年9月5日,中国证监会发布《公开募集证券投资基金销售费用管理规定(征求意见稿)》(以下简称“新规”),我们对此点评如下:▍降费力度大,规则适度简化,鼓励长期投资。根据新规:1)认申购费:股票型基金上限由1.2%/1.5%调降至0.8%;混合型基金上限由1.2%/1.5%调降至0.5%;债券型基金上限由0.6%/0.8%调降至0.3%。同时,对于持续持有期限超过1年的投资者,基金销售机构可以...

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