Because the cost of operating the same fund in Cayman is lower than that in other regions, and there are reasonable legal systems and experienced investors, the same fund in Cayman has been developing rapidly. At present, more than 600 mutual funds have been established in Cayman. These more than 600 are also divided into three types:
The first category is chartered mutual funds. The sponsor of this * * * fund applies for a report to the supervisory official. After review. As long as the sponsors have a good reputation. There are qualified management talents. A company has its grave gold business, and its assets can operate well and can be allowed to operate the same fund. Such companies must pay a registration fee of $665,438+00 and an annual inspection fee of the same amount every year.
The second category is private sector mutual funds. The manager of this tomb fund can be allowed to operate as long as he meets the relevant regulations promulgated by the government and pays the management fee of 6 10.
The third category is term * * * funds, which are divided into senior investor funds and stock trading funds. The former stipulates that each investor's investment is not less than 48,000 US dollars, while the latter refers to the stock exchange fund approved by the regulatory officials, and the annual fee of the fund is 400 US dollars.