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What Is A Contractual Fund?

2010/10/19 17:39:00 96

Fund Investment Property

Contractual type

fund

:


Contractual funds, also known as trust investment funds, are formed on the basis of trust contracts through issuing beneficial vouchers.

Investment

Fund.

Such funds are generally contracted by three parties, including fund managers, fund custodians and investors.

fund

Administration

As a sponsor of a fund, a person can raise funds to form trust property by issuing beneficial documents, and the trustee of the fund shall be responsible for the custody of the trust property according to the trust contract, specifically dealing with securities, cash management and related agency business, etc. investors are also the holders of beneficial documents, who can participate in the fund's investment and enjoy investment benefits by purchasing beneficial documents.

The beneficiary certificates issued by the fund indicate the rights and interests of investors to the investment funds.

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