Strengthendeterminationandcontroloffundcost, operating cost, risk cost, defineloanfixed pricecourse rate of lossexpectedand it is expected management of loss rate.
"In the near future, investors cannot assume that bailouts will continue, " says Cai Yiyi, who manages fixed-income investments at Rongtong FundManagement in Shenzhen.
The fund has an annual management charge of 0.25% and a fixed expense of 0.15% for all investors which was previously 1% for retail investors and 0.6% for institutional investors.
The growth in fixed-income ETF investing is expected to continue as more investors and advisors convert from active management to index fund investing.