The basic rights of fund holders include the right to enjoy fund income, the right to transfer fund shares and, to a certain extent, the right to make decisions on fund management. In different forms of fund organization, the influence channels on fund decision-making are different. In corporate funds, the fund holders elect the board of directors of the fund company through the shareholders' meeting to be responsible for the company's decision-making, while in contractual funds, the fund holders can only make decisions on major issues of the fund by convening the shareholders' meeting, and generally cannot have a direct impact on the investment decision-making of the fund. According to the regulations, fund holders enjoy the following rights in China:
1. Attend or appoint representatives to attend the fund holders' meeting.
2. Obtain fund income.
3. Supervise the operation of the fund and obtain information on its business and financial status.
4. Purchase, redemption or transfer of fund shares.
5. Obtain the remaining assets after fund liquidation.
6. Other rights stipulated in the fund contract.
The fund holders' meeting may make resolutions on the following major issues and report them to the China Securities Regulatory Commission for approval:
1. Modify the fund contract or the articles of association of the fund company.
2. Early termination of the fund.
3. Change the fund manager.
4. Change the fund custodian.
Editorial obligation
While enjoying the rights, fund holders must also undertake the obligations stipulated in the Administrative Measures, including:
1. abide by the fund contract or the articles of association of the fund company.
2. Pay the subscription amount and prescribed fees of the fund.
3. Limited liability for the loss or termination of the fund.
4. Do not engage in any behavior that harms the interests of funds and other fund holders.