First, the share of equity funds belongs to trust property and is valuable property. According to Article 70 of People's Republic of China (PRC) Securities Investment Fund Law, fund share holders have the property rights to share the proceeds of fund property, participate in the distribution of the remaining fund property after liquidation, transfer or apply for redemption//return of their fund shares according to law.
2. 4 The raised share of stock funds is transferable. Article 48 of People's Republic of China (PRC) Trust Law stipulates that "the beneficiary's trust beneficial right can be transferred and inherited according to law". Article 70 of the Fund Law stipulates that fund share holders have the right to transfer or apply for redemption/redemption of their fund shares according to law, that is, fund share holders have the right to obtain fund income. In addition, fund holders also have identity rights, such as the right to attend and vote at the fund share holders' meeting in the Fund Law, and the right to consult/read or copy publicly disclosed fund information. Security right is to use the exchange value of secured property. 4. As the object of the security right, the raised equity fund share is a transferable property. Legally speaking, there is no obstacle to the pledge//pledge of fund shares, which not only protects the creditor's rights of debtors/obligees, but also protects the interests of debtors/service providers.