The fund management fee is the management remuneration paid to the fund manager, and its amount is generally extracted from the fund assets according to a certain proportion of the net asset value of the fund. Fund manager is the manager and user of fund assets, which plays a decisive role in maintaining and increasing the value of fund assets. Therefore, the proportion of fund management fees charged is higher than other expenses.
Fund management fee is the main source of income for fund managers, and fund managers' fees cannot be spread into funds or fund companies, nor can they be charged to investors.
Extended data
China's initial annual fund management fee was 2.5%. With the intensification of market competition, at present, most domestic funds accrue fund management fees according to the ratio of 1.5%. The management fees of bond funds are generally lower than 1%, and the management fees of monetary funds are 0.33%.
In order to encourage fund management companies to use fund assets more effectively, some funds also stipulate that performance rewards can be paid to fund managers. Fund performance compensation is usually based on the growth of managed fund assets. As for the number of withdrawals, Hong Kong stipulates that withdrawals can be made at most once a year.
Baidu encyclopedia-fund management fee