Jukui the first quarter of the Fund with 650 billion as huge management fees 5000000000 (1)

This year, the stock market to continue to pullback, the net all the way down. According to relevant statistics, the nearest one-quarter loss of 650 billion yuan. However, although the loss of funds, but fund companies are still more than 50 million management fee income.
Bull market, most investors make money, after deducting management fees that generally do not care, but in a bear market, the situation may be quite different, the major fund group, users of the Fund to earn the high management fees Masheng one.
Last year, the data even more surprising, 58 fund companies of 341 funds in 2007 Annual Report show that last year the management fee income totaled 27.905 billion yuan, the data in 2006 than the 5.536 billion yuan for substantial growth 404.06%.
Charges of poor earnings more than eight Fund
Ruifu aggressive net minimum, King-fund charges a maximum of two Great Wall
Statistics show that only in the first quarter, the net value of equity funds fell by an average of 22.58 percent, to enter the second quarter, the market looks forward to the "red May" after all absent, and "red in June," also encountered head-on blow.
The first half of 2008, the overall losses of up to 1 trillion yuan, exceeding the national economy as a central pillar of the 169 enterprises of the total profits in 2007, more than China in 2006 and 2007 two years of financial revenues.
According to statistics, as of June 13 this year, since the decline in the net in the first row of UBS Investment Fund Ruifu progressive decline has been more than 50 percent, to 58.66 percent, the fund's net assets fell 0.478 yuan, a record The domestic fund industry's net new low. In addition, the growth of core governance days, days WONG Featured, Hua Baoxing multi-industry growth strategy, the new century Optimization dividends, Cathay Pacific's Shanghai and Shenzhen 300 units respectively, the net value of only 0.5597 yuan and 0.5743 yuan, 0.583 yuan and 0.5969 yuan, 0.597 yuan, and Net hovering in the 6 cents to 1 dollar between the Fund is as high as 163.
Despite the substantial loss of investors, but fund companies are earning management fees or, as always, huge.
All 388 open-end funds, seven funds in the purchase rate of 2.0 percent over 19 funds at 1.5 percent.
According to financial weekly statistics, the fund company charges the highest in the King Shun is the Great Wall of two funds: the Great Wall of domestic demand growth with King 2, King selected blue chips with the Great Wall, the two fund to 2.5 percent of the purchase fee and 0.5% The fund charges redemption fees ranked the top list. Xianbu Shui Fund does not earn money, investors "into a" one must pay 3 percent of the cost of the bear market of people, some of these higher costs. But what was even more depressing is that investors, King-the Great Wall of domestic demand growth this year on the 2nd for the most serious since the net value of the fund, the net value of the Fund fell 35.79 percent, King selected blue chips with the Great Wall Fund also performed poorly this year, the net value of the Fund since dropped 32.30%.
King with the Great Wall of domestic demand growth on the 2nd Fund was established in October 2006, at the time when fund companies have raised the rate of the sales increase, and the bull market began rising number of factors, a substantial increase domestic demand on the 2nd application fee rising to the first fund industry.
Other charges higher Fund, such as Guangdong Development Fund Selection, 1.8 percent of the purchase fee and 0.5 percent for the redemption of the Fund since the fund this year, the net decrease of 35.11 percent. East Select funds, 1.8 percent of the purchase fee and 0.5% redemption fee, the Fund since the fund this year, the net decrease of 33.13 percent. Peng, industry growth fund, 1.6 percent of the purchase fee and 0.5% of the redemption fee, the Fund since the fund this year, the net decrease of 30.52 percent.
According to the Shenzhen company to a fund, the Fund's purchase / subscription rates are issued with the relevant time, in recent years the issue of late, relatively higher rates. Moreover, the general called on the 2nd of all, such as the King with domestic demand growth in the Great Wall No. 2. Purchase, subscription rates to most of the consignment at institutions such as banks, brokerages and fund companies themselves with a small head, management fees, fund companies redemption fee is the bulk of their money. But if the fund company in the loss of the more serious cases, the more consideration the feelings of the holder, such as appropriate to reduce the proportion of management fees, etc., perhaps more to win the holders adhere to and respect.