Securities investment funds can be divided into contractual funds and corporate funds based on different legal forms.

At present, my country's funds are all contract funds; corporate funds are represented by American investment companies.

Trust investment fund: Contract investment fund refers to an investment fund formed by the fund sponsor issuing fund units based on the fund contract entered into with the fund manager and fund custodian.

1. Contractual funds are established based on fund contracts. In my country, contractual funds are established based on the fund contract signed between the fund manager and the fund custodian; fund investors become fund share holders after obtaining fund shares. People and parties to a fund contract shall enjoy rights and assume obligations in accordance with the law.

2. Corporate funds are legally joint-stock investment companies with independent legal person status. Corporate funds are established in accordance with the articles of association of the fund company. Fund investors are shareholders of the fund company, enjoy shareholder rights, and bear limited liability based on the shares they hold.

Investment income.

The main differences between contractual funds and corporate funds are: (1) different legal subject qualifications (2) different status of investors (3) different fund organization methods and operating basis. The establishment of a partnership fund is to register a new partnership. Generally,

It is a limited partnership.

According to the "Partnership Law", the number of shareholders of a limited partnership should not be called shareholders at this time. To be precise, it should be called partners. The number of partners is between two and fifty.

Moreover, a limited partnership must have at least one general partner, also known as a GP.

The name of a limited partnership enterprise shall be marked with the words "limited partnership".