ETF refers to exchange-traded funds, which can be listed and traded in a popular way in securities trading. It is a financial tool based on index, which realizes asset allocation by investing in stocks, bonds, commodities and other assets. ETF has the characteristics of convenient transaction, low cost and high transparency, attracting more and more investors. Today we're here to find out the situation.
I. Management rate
Management fee refers to the fund manager's fee for managing the fund, which is usually charged according to a certain proportion of the fund's net asset value. In 2023, the management fee rate of ETF funds in the market will remain stable, generally not exceeding 0.5%, and the management fee rate of smaller ETF funds may be slightly higher.
Second, the trusteeship rate.
Custody rate refers to the fees charged by securities custodians for providing custody services for funds, mainly including fund custody fees, securities custody fees and other fees. In 2023, the custody rate of ETF funds in the market will also remain relatively stable, generally not exceeding 0. 1%.
Third, subscription and redemption fees.
The subscription and redemption fee refers to the fees that investors need to pay when purchasing or redeeming ETF funds, mainly including subscription fee and redemption fee. In 2023, the subscription fee and redemption fee of ETF funds in the market will continue to decrease, generally not exceeding 0. 1%.
Fourth, transaction costs.
Transaction costs refer to the fees that investors need to pay when trading ETF funds, mainly including transaction commissions and stamp duty. In 2023, the trading commission of ETF funds in the market may increase slightly, but the overall level will remain at a low level; Stamp duty may be adjusted, but it is not expected to exceed 0. 1%.
Verb (abbreviation for verb) Other expenses
Other expenses refer to other expenses that ETF fund managers need to pay for managing funds, such as audit fees and attorney fees. In 2023, other expenses of on-site ETF funds will remain relatively stable.
In 2023, the charging standard of on-site ETF funds will remain stable as a whole, or even decline. ETF funds are increasingly welcomed by investors, which will also promote the stability and development of ETF fund market.