--- title: "China Southern Asset Management's gold ETF Southern rose over 2.5%, with a fee reduction to help investors seize low-cost opportunities for gold asset allocation" type: "News" locale: "en" url: "https://longbridge.com/en/news/281973387.md" description: "The China Southern Fund's gold ETF, China Southern (159834), has risen by 2.51% as of April 8, 2026, and announced a reduction in management fees to 0.15% and custody fees to 0.05% starting from April 1, helping investors to allocate gold assets at a lower cost. Influenced by U.S. President Trump's agreement to suspend bombings in Iran, international gold prices have risen, with gold demonstrating significant allocation value as a safe-haven asset in the current complex macro environment. Institutional analysis suggests that gold possesses anti-inflation properties amid economic uncertainty and geopolitical conflicts, with solid support for gold prices in the short term" datetime: "2026-04-08T04:29:09.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281973387.md) - [en](https://longbridge.com/en/news/281973387.md) - [zh-HK](https://longbridge.com/zh-HK/news/281973387.md) --- # China Southern Asset Management's gold ETF Southern rose over 2.5%, with a fee reduction to help investors seize low-cost opportunities for gold asset allocation As of the close on April 8, 2026, the China Southern Shanghai Gold ETF (159834) rose by 2.51%, marking a three-day winning streak, with a turnover of 4% and a transaction volume of 74.4902 million yuan. It is worth mentioning that the announcement indicates that starting from April 1, 2026, the China Southern Shanghai Gold ETF (159834) and its linked funds officially reduced their fees, with the management fee rate significantly lowered from 0.50% to 0.15%, and the custody fee rate reduced from 0.10% to 0.05%, helping investors seize the opportunity for low-cost gold asset allocation. On the news front, on April 7 local time, U.S. President Trump stated that he agreed to suspend bombings and attacks on Iran for two weeks, and the White House indicated that Israel also agreed to a temporary ceasefire. Subsequently, Iran announced that it would engage in two weeks of negotiations with the U.S., which significantly impacted international gold prices. Institutions pointed out that gold, as a traditional safe-haven asset, has significant allocation value in the current complex and changing macro environment. Increased economic uncertainty and geopolitical conflicts driving up oil prices have brought about input inflation risks, making gold's hedging and anti-inflation properties increasingly prominent. In the short term, the market has largely priced in expectations for the Federal Reserve's interest rate hikes, and with the K-shaped recovery structure in the U.S., rate hikes may impact interest rate-sensitive sectors like AI, making it highly probable that the Federal Reserve will maintain interest rates in the medium term, with short-term bearish factors gradually dissipating. Additionally, referencing the historical experiences of the two oil crises in the 20th century, gold has shown outstanding return performance in a macro environment where inflation is rising and the U.S. output gap is narrowing. In the early stages of a crisis, tightening market liquidity and a rapid decline in risk appetite often lead to temporary adjustments in gold prices; however, as stagflation characteristics gradually emerge, gold's safe-haven and anti-inflation properties continue to strengthen, with prices breaking previous highs and entering a trend of upward movement after a brief consolidation, typically showing a pattern of initial suppression followed by a rise. In the medium to long term, the support for gold prices at the bottom is solid. The related ETF—China Southern Shanghai Gold ETF (159834)—is attracting attention for its allocation opportunities. This fund closely tracks the spot contract prices of gold on the Shanghai Gold Exchange, offering high transparency and good liquidity, supporting T+0 intraday trading. The off-market linked funds (Class A: 018391; Class C: 018392; Class I: 021004). Off-market related products—China Southern CSI Shanghai-Shenzhen-Hong Kong Gold Industry Stock Index Fund (Class A: 021958; Class C: 021959)—closely tracks the CSI Shanghai-Shenzhen-Hong Kong Gold Industry Stock Index. On the morning of April 8, the CSI Shanghai-Shenzhen-Hong Kong Gold Industry Stock Index surged nearly 7%. The index comprehensively covers leading enterprises across the entire gold exploration, mining, processing, and sales industry chain in the three regions, expected to fully share in the industry's growth dividends ### Related Stocks - [159834.CN](https://longbridge.com/en/quote/159834.CN.md) ## Related News & Research - [High gold prices boost exchange schemes: What customers must know](https://longbridge.com/en/news/287152604.md) - [SENIOR IRANIAN SOURCE: IRAN'S URANIUM ENRICHMENT AND ITS CONTROL OVER STRAIT OF HORMUZ REMAIN AMONG STICKING POINTS](https://longbridge.com/en/news/287267667.md) - [IRAN'S ISNA: EXCHANGE OF MESSAGES BETWEEN IRAN AND U.S. WITH PAKISTANI MEDIATION ONGOING](https://longbridge.com/en/news/287277125.md) - [AL-ARABIYA REPORTER: IRAN PRESIDENT PEZESHKIAN IS SPEARHEADING EFFORTS TO RESTRAIN THE IRGC'S OVERSTEPPING ON POLITICAL AND DIPLOMATIC POLICY-MAKING](https://longbridge.com/en/news/287258581.md) - [MAYFAIR GOLD ADVANCES DISTRICT-SCALE EXPLORATION STRATEGY | MINE Stock News](https://longbridge.com/en/news/287210924.md)