Fund sponsors refer to institutions that take necessary actions and measures to set up funds and complete the legal procedures for initiating the establishment of funds. For example, in the preparation of the fund, the sponsors must be responsible for drafting the application report, designing the specific scheme of the fund, drafting the fund contract and other relevant documents, and also taking responsibility for the establishment of the fund.

Every country has special regulations on the qualifications of fund sponsors, that is, they must have certain conditions to become fund sponsors. For example, in Britain, if you want to start a fund, you must first become a member of the fund industry association. Whether you can get membership depends on whether you meet the requirements. Appropriate membership and requirements? .

In China, according to the Interim Measures for the Administration of Securities Investment Funds, fund sponsors must meet the following conditions:

The main sponsors are securities companies, trust and investment companies and fund management companies established in accordance with relevant state regulations;

(2) The paid-in capital of each promoter shall not be less than 300 million yuan;

The main sponsors of the fund have more than 3 years of securities investment experience and continuous profit records;

(4) The fund sponsors have a sound organizational structure and management system, good financial status and standardized business practices.

⑤ Other conditions stipulated by China Securities Regulatory Commission.