1. The meaning of the Investment Decision-making Committee

The Investment Decision-making Committee is the highest decision-making body for investment decisions of the fund management company. Under the premise, it has the highest decision-making power over all investment matters of the funds it manages. Responsible for determining the investment plans, investment strategies, investment principles, investment objectives, asset allocation and overall plan of the investment portfolio of the funds managed by the company. Currently in our country, investment decision-making committees are established by fund management companies themselves.

II. Main responsibilities of the Investment Decision-making Committee

1. To examine and approve investment management-related systems, including management systems in investment management, investment decision-making, trading, research, investment performance evaluation, etc.

2. Determine the principles, strategies, stock selection principles, etc. of fund investment.

3. Determine the capital asset allocation ratio or range, including asset class ratios and industry or sector investment ratios.

4. Determine the authority of each fund manager to independently decide on investments and the authority of the investment director and the investment decision-making committee to approve investments.

5. According to the authority, review and approve investment projects proposed by each fund manager whose investment amount exceeds the independent investment quota.

3. The system of the investment decision-making committee

1. The members of the investment decision-making committee are appointed by the shareholders’ meeting or the board of directors

2. The investment decision-making committee is appointed by the shareholders’ meeting or the board of directors Authorize the exercise of rights

3. The investment decision-making committee is responsible to the company’s shareholders

4. The investment decision-making committee votes by ballot

Extended information:

Investment decision-making refers to the final decision made by an investment subject on investment activities based on investigation, analysis, and demonstration. According to different levels, it can be divided into:?

(1) Macro investment decision-making. From the perspective of comprehensive balance of the national economy, the process of making decisions on investment scale, investment use direction, infrastructure layout and key construction projects, investment system, investment control methods and investment policies, and investment environment improvement that affect the overall economic development. . Macroeconomic investment decisions directly affect the sustained, stable, coordinated and efficient development of the economy and play a decisive role in the entire macroeconomic decision-making. Its mistakes are often the most direct cause of major ups and downs and adjustments in the national economy.

(2) Micro investment decision-making. Also known as "project investment decision-making", it refers to the final decision on the proposed project based on investigation, analysis, and demonstration. Project investment decisions involve analysis, demonstration and selection of issues such as construction time, location, scale, whether it is technically feasible, and whether it is economically reasonable. It is the primary link and key factor in the success or failure of investment. Micro investment decisions are the basis of macro investment decisions, and macro investment decisions have a guiding role in micro investment decisions.

Reference material: Baidu Encyclopedia of Investment Decision