The fund custodian is the representative of investors' rights and interests, and is the nominal holder or management institution of fund assets. In order to ensure the safety of fund assets, the Fund operates according to the principle of separating asset management from asset custody, and the Fund has a special fund custodian to keep fund assets.

The fund custodian opens an independent fund asset account for the Fund, and is responsible for fund receipt and payment, fund transfer, securities liquidation and dividend distribution. These are all in accordance with the instructions of the fund manager, and the instructions of the fund manager must also be implemented through the fund custodian.

In foreign countries, there are strict regulations on the qualifications of fund custodians, which are generally required to be held by financial institutions such as commercial banks and trust and investment companies, and there are strict examination and approval procedures.