界面新闻记者 | 纪瑶 杜萌

2024nianshigongmuxingyezhongsuzhinian。

zheiyinian，dicengluojizaibian，shichanggejuzaibian，shimingyuyaoqiuzaibian。jiemianxinwenzhenglile2024niandudegongmudashijian，huiguxingyeguoquyiniandefazhan。

一、公募基金费率改革“三步走”预计落地

2023年7月，证监会发布《公募基金行业费率改革工作方案》，拟在两年内分三个阶段，按照“管理人—证券公司—销售机构”路径， 稳步降低公募行业综合费率。

第一阶段改革举措主要围绕有序降低主动权益类产品的管理费率、托管费率。自2023年7月7日起，新注册的主动权益类基金统一执行“管理费率不超过1.2%、托管费率不超过0.2%”的上限标准。 第二阶段改革举措主要围绕降低交易佣金费率，加强交易行为监管，强化费率相关信息披露。首次股票交易佣金费率调降工作已于今年7月1日前完成。disanjieduan，zhengjianhuizhongdianguifanxiaoshouhuanjieshoufei。genjujianguanzhishi，disanjieduangaigeyujiyu2024nianniandiqianluodi。

目前，公募费率改革已颇见成效。以静态数据测算，规定发布实施后，公募基金年度股票交易佣金总额降幅将达38%；前两阶段费率改革举措每年累计可为投资者节约成本约200亿元。

二、新“国九条”定调公募发展重点，推动中长期资金入市

4yue，guowuyuanyinfa《guanyujiaqiangjianguanfangfanfengxiantuidongzibenshichanggaozhiliangfazhanderuoganyijian》，shizibenshichangdisange“guojiutiao”。xin“guojiutiao”zhenduigongmujijinfazhantichu：yi、yaodalifazhanquanyileigongmujijin，dafutishengquanyileijijinzhanbi；er、jianlijiaoyixingkaifangshizhishujijin（etf）kuaisushenpitongdao，tuidongzhishuhuatouzifazhan；san、quanmianjiaqiangjijingongsitouyannenglijianshe，fengfugongmujijinketouzichanleibiehetouzizuhe；si、 congguimodaoxiangxiangtouzizhehuibaodaoxiangzhuanbian；wu、wenbujiangdigongmujijinxingyezonghefeilv；liu、yanjiuguifanjijinjinglixinchouzhidu；qi、xiudingjijinguanlirenfenleipingjiazhidu，ducushulaolixingtouzi、jiazhitouzi、zhangqitouziliniandeng。

9yue24ri，guowuyuanxinwenbanjubandefabuhuishang，zhongguozhengjianhuizhuxiwuqingbiaoshi，zhengjianhuidengxiangguanbumenzhidingle《guanyutuidongzhongzhangqizijinrushidezhidaoyijian》，duigongmuxingyetichuxindezhidaoyijian。zhengjianhuijiangjinyibuyouhuaquanyileijijinchanpinzhuce，dalituidongkuanjietfdengzhishuhuachanpinchuangxin，shishituichugengduobaokuochuangyeban、kechuangbandengzhongxiaopanetfjijinchanpin，genghaofuwutouzizhe，genghaofuwuguojiazhanlvehexinzhishengchanlifazhan。

三、指数基金爆发，“巨无霸”华泰柏瑞沪深300ETF规模连破记录，中证A500成年度最热宽基

2024nian，zhongguoetfshichangyinglai20zhounian。zheiyinianli，baokuoetfzaineidezhishujijinbiaoxianchuqiangdadexijinnengli，youqishikuanjietfchengweixingyehegongsiguimodezhongyaozengzhangyuan。

shouyiyu“guojiadui”、shebaojijinhebaoxianzijindengzhangxianzijindeyongru，shichanglianxudanshengqianyijigupiaoetf。huataiboruijijindehushen300etfnianneiguimojieliantupo2000yiyuan、3000yiyuan、4000yiyuan。jiezhi12yue20ri，quanshichangqianyijigupiaoetfhaiyou5zhi，fenbieshiyifangdahushen300etf、huaxiahushen300etf、jiashihushen300etf、huaxiashangzheng50etfhenanfangzhongzheng500etf。zheiyediandingle“deetfdetianxia”dexingyefazhanxingeju。

sijiduyilai，gejiagongmuzhengxiangbujuzhongzhenga500etf。congbujuqingkuanglaikan，toubugongmubujuetfyijichangwaizhishujijin，zhongxiaojijingongsizeyituzaizhishuzengqiangsaidaofen“yibeigeng”。genjujianguanpiluxinxi，jiezhimuqianyishangbaodeguagouzhongzhenga500zhishuchanpinchaoguo100zhi。jiezhi12yue20ri，yifaxingchenglideguagouzhongzhenga500zhishudechanpinguimohejitupo3200yiyuan，haiyou39zhichanpindengdaihuopi。

四、个人养老金投资“纳新”，新增首批85只权益类指数基金Y份额

12yue，renliziyuanshehuibaozhangbudengwubumenyinfa《guanyuquanmianshishigerenyanglaojinzhidudetongzhi》。zhengjianhuisuihoufabu《gerenyanglaojintouzichanpinmulu》xianshi，zaiyuanyoude199zhifofjijindejichushang，xinzengleshoupi85zhiquanyileizhishujijindeyfene。

qizhong，genzonggeleikuanjizhishudechanpin78zhi，genzonghonglizhishudechanpin7zhi，baokuohushen300zhishu、zhongzhenga500zhishu、chuangyebanzhishudengputongzhishujijin、zhishuzengqiangjijin、etflianjiejijin。85zhiquanyileizhishujijingonglaizi22jiagongmuguanliren，qizhongyifangda、huaxia、tianhongsanjiagongmudezhishujijinshuliangweilieqiansan。

五、公募基金资产管理规模迭创新高，年内创下32万亿记录

zhongguozhengquantouzijijinyexiehuigongbudeshujuxianshi，jiezhi2024niansanjidumo，woguojingneigongmujijinguanlijigougong163jia，qizhongjijinguanligongsi148jia，qudegongmuzigedezichanguanlijigou15jia，yishangjigouguanlidegongmujijinzichanjingzhiheji32.07wanyiyuan，jinnianqiansanjiduzengjia4.47wanyiyuan。

jutikan，zhishujijinhezhaiquanjijinchengweishichangzijindezhongdiantouzifangxiang。qiansanjidu，kaifangshigupiaojijinguimozengzhang1.44wanyiyuan，zhaiquanjijinguimozengzhang1.28wanyiyuan。

六、“降薪”、“限薪”成为公募基金薪酬改革关键词

2024kainian，gongmu“jiangxin”、“xianxin”bianchengweishichangtaolundejiaodianhuati。youxiaoxicheng，bufengongmukaishizhixing“yi300wanyuannianxinweifenshuiling”detuixinfangan。danzaishichangchuanyanheshijidexinchouzhiduluodizhijian，cunzaijudaqieweizhidehonggou。

benzhishangkan，gongmujijinxinchougaigeduixingyedeyiyiheyingxiangchaochulexinchoucengmian。duoweizhimingjijinjinglijielianxieren、guanliguimojiaodadezhimingzhudongquanyijijinjingli“zhudongjianfu”doubeishichangcaicehuoyuxinchouyouguan。

yeneirenwei，2024niangongmujijinxingyechongmanjudabiange，weilairuhejianguxiaolvyuxiaoyi，zhongsuxingyexingxianghegeju，shidaijiezhiti。

七、公募REITs迎来多项政策引导，产品类型和规模加速扩容

zhongguogongmureitsshichangyunxingsannianduoyilai，zichanleixingbuduantuozhan，muqianyihangaichanyeyuanqu、shoufeigonglu、cangchuwuliu、qingjienengyuan、baozhangxingzulinzhufang、xiaofeisheshi、shuilisheshi、shengtaihuanbaodengzhuliujichusheshi。

2024年，公募REITs迎来多项政策引导。2月，证监会发布《监管规则适用指引——会计类第4号》，明确原始权益人及投资者均可将REITs确认为权益属性产品。7月，国家发改委表示，推进REITs常态化发行。10月，上交所副总经理王红biaoshi，shangjiaosuojiangjinyibuwanshanzhishutixi，jijiwentuotuijinreitszhishuhuachanpinluodi。11yue，zhongguozhengjianhuifuzhuxiliminggongkaibiaoshi，yaochongfenfahuixianggangzaijinrongduiwaikaifangzhongdezhongyaozuoyong，wenbutuijinrenminbigupiaojiaoyijutainaruganggutongyijijiangreitsnaruhushengangtonggexianggongzuo。

jiezhi12yue20ri，quanshichanggongyou58zhigongmureitschengli，faxingguimohejiyue1600yiyuan。jinnianyou28zhigongmureitsxinchengli，faxingguimohejichao600yiyuan。

八、公募违法乱象整治：前诺安基金经理蔡嵩松受贿案、嘉实基金原董事长赵学军因配合调查离任等

4yue，lizhibannianhoudeqiannuoanjijinzhimingjijinjinglicaisongsongyinshexianfeiguojiagongzuorenyuanshouhuizuiheduifeiguojiagongzuorenyuanxinghuizuizaiduchuxianzaigongzhongshiye。caisongsongcengshiyejie“dingliu”，daibiaozuopinnuoanchengzhangzai2019nianyinzhongcangbandaoti，jijinshouyijiejinfanbei。

8yue，jiashijijinlinshigonggao，dongshizhangzhaoxuejunyingerenwentizhengpeiheyouguanbumendiaocha，xiangguandiaochashixiangyugongsijijinyewuwuguan。zhaoxuejunzi2000nianjiarujiashijijin，zaijiashijijingongzuoshijianzhangda24nian，2017niandikaishi“zhangduo”jiashijijin。muqian，jiashijijindongshizhangyouanguoyongjieren，tazi2021nian4yue27rirenjiashijijinlianxidongshizhang。

“gerenxi”gongmuchunhoujijinqixiaduozhichanpinde2024nianzhongqibaogao“dongshihuiquexi”，xianshiyinfaxinpiweiguizhiyi，erhouqianchechugongsigudongweianfaguiyaoqiuxiangjianguanbaogao，weiguisixiazhuanrangguquan。9yue，shanghaizhengjianjuduichunhoujijinxiafa8zhangfadan，shejilejijinguanlirenchunhoujijin、dongshizhangjiahongbo、zongjinglixingyuanhegudongliuzhiwei、lixionghou、dongweijun。

yeneirenwei，suizhexingyeyinglaiqiangjianguanshidai，gengduodaochaweifaweiguideshijianhuojiangchuxian。