Learning new things: the same is true for funds.

Suppose you have a sum of money and want to invest in bonds and stocks to increase the value, but you have no energy, no professional knowledge, and no more money. What should you do?

You may think of investing money in partnership with 10 other people, hire an investment expert, operate on your assets, and add value to your investment. But if more than 10 Investors negotiate with the investment experts at any time, isn't that messy? Then you will recommend one of the most knowledgeable people to take the lead in this case. Everyone will take a certain proportion from the combined assets on a regular basis, and he will pay the investment experts as the Labor subsidy. Of course, the person who takes the lead must remind the experts at any time about the major and minor tasks of Zhang Luo, including getting home and legs together, and related risks, including regularly releasing investment profits and losses to everyone ...... He is not busy, and the money in the Commission also has his labor fees. The above is calledPartner Investment.

This partnership investment model is magnified by 100 times, 1000 times ...... It becomes a fund!

For private partnerships, if a complete contract is established between the investorsPrivate equity funds(Currently, it has not been fully recognized by national financial regulatory regulations ). If such a partnership investment activity is approved by the National Securities Industry Management Department (Securities Regulatory Commission), the lead operation of this activity is allowed to raise public funds to the public and attract investors to join the Partnership Fund, this is the releasePublic fundsWhich is a common fund.

What is the role of a fund management company?Fund Management CompanyThis is the lead operator of the partnership, but it is a corporate legal representative and its qualifications must be approved by the China Securities Regulatory Commission. A fund company or a fund management company is actually one of the partners, just like other fund investors. But on the other hand, it needs to take the lead in operations, we need to extract labor fees (hereinafter referred to as fund management fees) from the assets of partners by a certain proportion each year to hire investors to take over the investment experts (I .e. fund managers) responsible for disk operation ), on behalf of those who help experts collect information, conduct research, and crack hands, regularly announce the asset and income of the fund... Of course, these activities are approved by the China Securities Regulatory Commission.

For the safety of the assets in partnership, the asset is not stolen by the lead operator of the fund company. The China Securities Regulatory Commission stipulates that the assets of the Fund cannot be put in the hands of the fund company, fund companies and fund managers can only manage transaction operations and cannot touch money. Accounting and money management should be handled by a role that is good at this matter and has a high credit level. This role is of course not a bank! Therefore, these funds (that is, fund assets) are placed in the bank, and a special account is built, which is managed by the Bank.Fund management. Of course, the bank's labor fees (known as fund sponsorship fees) also need to be drawn from the partner's assets in proportion to pay by year.

Therefore, the risks of loss due to poor operations of fund assets are basically not the risk of misappropriation. From a legal point of view, even if a fund management company fails or even hosts a bank, the debt collectors have no right to touch the assets of fund accounts. Therefore, the security of fund assets is guaranteed.

Such public funds can be announced if investors are successfully raised within a specified period of time (the State requires at least 1000 investors and 0.2 billion RMB ).

If, at the time of its establishment, such public funds decide not to attract fund-based investors in the future, and agree that no one of them can withdraw funds in the middle, in the next month, we will all settle accounts and share our responsibilities. In the middle of the year, you can only find someone else to sell your funds.Closed-end funds.

If, after the announcement of its establishment, such public funds still welcome fund-based investors to join the group at any time, and allow everyone to withdraw their funds and the benefits they deserve at any time, this isOpen Fund.

Whether it is a closed-end fund or an open-ended fund, if you want to facilitate the sale and transfer of funds, you can find the Exchange (stock market) Place to list the funds and trade them freely between investors at the market price, this is a public fund.

Transferred from 2007 Business

 

 

Learning new things Series

Learning new things: finding happiness

Learning new things: a magical mind reader

Learning new things: P2P credit-based online lending platforms