Different types of funds charge different rates, generally between 0.5% and 2.5%.
The higher the risk, the higher the fund management fee rate. Among them, the fund with the highest rate is the securities derivative fund, such as the annual rate of the warrant fund is 1.5% ~ 2.5%. The lowest is the money market fund with an annualized rate of only 0.5% ~ 1%. The annual management fees of other funds announced by Hong Kong Fund Association are: 0.5% ~ 1.5% for bond funds and 1% ~ 2% for stock funds.
In developed countries and regions such as the United States, the annual management fee of the fund is usually around 1%. However, in some developing countries or regions, the proportion is higher. For example, the annual fund management fee rate in Taiwan Province Province is generally 1.5%, and the annual fund management fee rate in some developing countries even exceeds 3%. The annual fund management fee in China is 2.5%.
Extended data
Custody fee-
Custody fees are usually drawn according to a certain proportion of the fund's net asset value, calculated and accumulated daily, and paid to the custodian at the end of each month. This fee is also paid from the fund assets and does not need to be charged to investors separately. The custody fee of the fund is included in the fixed cost.
The proportion of fund custody fees is related to the size and location of the fund. Usually, the larger the fund scale, the lower the fund custody fee rate.
The proportion of custody fees charged by emerging market countries and regions is relatively high. The annual rate of custody fees in the world is usually around 0.2%, 0.2% in the United States and 0.25% in Chinese mainland, Taiwan Province and Hongkong.