First of all, there are two kinds of fund accounts: one is the fund account (called securities investment fund account) used to buy and sell exchange-listed funds, such as ETF, closed-end fund and open-end fund. The other is a fund account used by fund companies or securities companies to purchase and redeem fund products. To open a securities investment fund account, you need to open a shareholder account first, so you must open a shareholder card when opening a securities investment fund account; The opening of subscription and redemption capital accounts does not necessarily need to open a shareholder account, but only a capital account, but the information required for both is the same.

Individuals and institutions need to provide the following information when opening a fund account:

I. Individual investors:

1. Original and photocopy of my valid ID card;

2. If an individual investor entrusts another person to act as an agent, the authorized client shall also provide a notarized power of attorney, and the original and photocopy of the agent's ID card.

Description of opening a fund account:

A natural person under 1) 16 may not open a fund account, and a natural person under 16- 18 shall provide proof of income when applying for opening a fund account;

2) To open a fund account, you need to go to the counter of the securities company in person. If you entrust others to open a fund account, you must also provide a notarized power of attorney and the original valid identity certificate of the agent (if the client's ID card is a second-generation card, you must provide a copy of the front and back of the ID card);

3) When opening a fund account, you need to fill in the Questionnaire for Risk Tolerance Assessment of Securities Customers;

4) To handle the three-party deposit of the bank, you need to fill in the Agreement on the Third Party Deposit of Customer Transaction Settlement Funds, and at the same time, the person who opens the fund account will bring his/her bank debit card to the counter of the bank outlet for confirmation. If there is no such bank debit card, just go to the bank counter to apply for a new debit card;

5) Opening time of the fund account: the opening time of the fund account is 9:00- 15:00 from Monday to Friday. Other time periods, including opening a fund account on weekends, will not be successful until the next trading day. This is because the application for opening a fund account needs to be networked with China Securities Depository and Clearing Company, while Deng Zhong Company takes a rest during non-trading hours;

6) Finally, there is no charge for opening a fund account.

Index funds can't be short, and stock index futures can be short!

I hope our answer from Guotai Junan Securities Shanghai Branch will satisfy you!

Respondent: Account Manager of Guotai Junan Securities: Manager Hong (employee number: 00930 1)

If you have any questions, please feel free to consult the enterprise knowledge platform of Guotai Junan Securities Shanghai Branch.