as of March 29, dispatch, has been 500 funds owned by 48 funds company announce the 2010 annual report. W IN d statistics show that total, the Fund received 237. management costs of $ 900 million, this figure, more than 10 times times its profit for the year 2010 funds industry.
the economic information daily, reporters also found that follow channels of banking transactions fees, hosting fees and brokerage commissions are all well beyond the scale of profit for the year of the fund industry.
management fees, Huaxia, harvest, Yi fang da and the southern and GF top five, charged management fees have reached 28. $ 800 million and $ 1.7 billion, $ 1.64 billion, $ 1.45 billion and $ 1.35 billion.
ironically was, according to buy Fund, these management 1.99 trillion worth of assets owned by 48 funds company funds only profitable 2.132 billion yuan for the year 2010, and all 60 firms only profitable 2.768 billion yuan for the whole year. This means that 2010 fund industry-wide profit even not as Huaxia fund management fee charged by a year.
Fund is not the only profit of the company. WIN d statistics show that has been disclosed in the Fund, Bank managed costs reached $ 4.16 billion. Four row still enjoys absolute leading position, number of industrial and commercial bank of managed funds have reached 162, managed assets of the Fund reached $ 634.9 billion, managed costs reached 13. $ 6.2 billion. China Construction Bank, Bank of China and agricultural Bank of managed cost $ 1.097 billion, respectively, $ 735 million and $ 354 million.
in addition to hosting costs, in the fund industry “ channel is King ” era, customer maintenance also becomes a bank channel &ldquo from the fund industry; gold ” a big weapon. Many of the indicators and statistics for the funds paid to the Bank, to sell the Fund's costs, also known as “ trailing commissions ”.
jianjinxin fund research center study shows, to the inclusion of statistics 36 of fund management companies in the 2010 customer maintenance costs combined 29.500 million Yuan, 16% of the total remuneration for managers. Including than the Jin and Yuan dynasties, yinruixin, Everbright PRU us, Chinese business, Invesco great wall, the Pu Yin AXA fund company customer care costs, and facility total is in excess of 20%. Among them, the highest proportion than the Jin and Yuan dynasties, customer maintenance costs the total reached 25.41%.
from a single fund, over 36 381 Fund of fund management companies, customer care costs 110 funds total more than 20%. Among them, ICBC Credit Suisse CSI 300 and Peng Hua global find customer maintenance costs account for, respectively, and 55.05%, and build global opportunities, ICBC Credit Suisse global collection and Damo excellence customer maintenance costs for the growth of the total reached 48.55%, and 41.57%, respectively. This means that, on these few funds, was only a bank customer care costs, already engulfed nearly half of the funds even more revenue.
in addition to the Bank's customers and managed to maintain fees, brokers through trading commissions for a cup of soup in the fund industry. WIN d statistics show that at press, has published an annual report in 48 of fund management companies, 2010 total securities trading commissions reach $ 5.06 billion.
in the Fund in its Fund, international domestic demand on power contributed 79.447 million worth of transactions for brokerage commissions, transient first. China Post core Huaxia dividend, China universal equilibrium growth, growth, harvest healthy fund securities trading commissions are more than 50 million Yuan.
one industry source told reporters the economic information daily from March last year, one-time incentive for Fund sales have been the opening of the SFC prohibited by the regulations on administration of securities investment fund sales charges, currently fund companies for brokerage sales generally is taken orally promised volumes sold to encourage their return. At present, for the old Fund, General promises 10 times times the turnover for the new Fund, and is generally about 40 times times of turnover.
“ different bargaining power of small fund companies, some small companies return on turnover of commitment can even 50-60 times. &Amp;rdquo; these people said, &ldquo of course, this does not fall on the paper. &Amp;rdquo; these people said.
