New regulations on sales expenses implemented; two public funds exempt from subscription fees

2026-03-01 16:58:27

Caitong Asset Management’s latest announcement shows that starting from February 24, funds purchased through Caitong Asset Management’s direct sales channels will be exempt from subscription fees. The “Regulations on the Management of Sales Expenses for Publicly Offered Securities Investment Funds” will come into effect on January 1, 2026, clearly stating that fund managers are not allowed to charge subscription fees or sales service fees for direct sales, with a transition period of 12 months. As of now, two public fund managers, Xingquan Fund and Caitong Asset Management, have announced that they will waive direct sales subscription fees. (Cailian Press)

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.