Basic procedures and conditions for opening a private account
Private placement fund refers to the fund invested and managed by private or institutional investors, and its investment scope, methods and strategies are limited. Different from Public Offering of Fund, private equity funds have more flexible sources of funds, higher investment threshold and greater investment risks. Opening a private equity fund account needs to meet certain conditions and go through certain approval procedures.
I. Conditions for opening an account
1. Investor qualification
Private equity funds are aimed at specific investors, and account holders need to meet certain investor qualifications. Generally speaking, investors in private equity funds need to have high financial quality and investment experience, and have certain investment funds. The specific situation can be different according to the different private placement products.
2. Account opening funds
The investment threshold of private equity funds is relatively high, and investors are generally required to have at least some investment funds. The specific amount varies according to the private placement products, which is generally above 6,543,800 yuan.
3. Investment period
The investment period of private equity funds is generally longer, generally more than 3 years. Before opening an account, investors need to know the investment period and exit mechanism of the product in order to make a good investment plan.
Second, the account opening process
1. Select private products.
Investors need to know their own investment needs and risk tolerance, and choose appropriate private placement products. Understand the investment strategy, risk and return, managers and historical performance of products, and compare and evaluate them.
2. Sign the account opening agreement
Investors need to sign an account opening agreement with the private equity fund manager, and the contents of the agreement should include the fund product name, investment amount, investment period and expenses.
3. Complete the account opening procedures
Investors need to provide identity certificates, asset certificates and other related materials to private equity fund managers to complete account opening procedures. You need to provide true and accurate personal information when opening an account, otherwise it may affect subsequent investment and withdrawal.
4. Transfer of funds
After opening an account successfully, investors need to transfer funds to private equity fund accounts. Generally speaking, the transfer of private equity funds is carried out through banks, and investors need to operate as required.
5. Investment management
After opening an account, investors can conduct investment management according to the investment strategy and risk-return situation of the product. Investors should pay close attention to the performance and risks of the fund and keep abreast of the investment decisions of fund managers.
Third, the account opening fee
The account opening fees of private equity funds include management fees, custody fees and sales service fees. The specific charging standard varies according to different private placement products, and investors need to know clearly and pay the corresponding fees as required.
Fourth, risk warning.
Private equity investment has certain risks, and investors need to fully understand the investment strategy, risk return, managers and historical performance of products, and make investment decisions according to their own risk tolerance. At the same time, investors need to pay attention to the liquidity risk and market risk of private equity funds, and understand and deal with investment risks in time.
Five,
Opening a private equity fund account needs to meet certain conditions and go through certain approval procedures. Investors need to choose suitable private placement products, sign account opening agreements, complete account opening procedures, and conduct fund transfer and investment management as required. Investors should fully understand the investment strategy and risk-return of products and pay attention to investment risks.