1, in the fund raising stage, the fund company will open a special account for fund raising and settlement in the custodian bank during the new fund raising period for the remittance and settlement of raised funds. Moreover, this account is independent of the property account of the fund company, that is, the investor's money is separated from the fund company's own assets. During the fund raising period, the funds raised by the fund can only be deposited in this fund raising and settlement fund, and no fund company or bank can use it, because the money still belongs to investors.
2. In the fund operation stage, once the fundraising period ends and the fund contract comes into effect, the fund company will transfer all the raised funds to the fund custody account. This account is also independent of the fund company's property account. The custodian bank will keep the fund property safely according to the laws and regulations and the fund contract, and the fund company can only manage it and cannot withdraw it. In the fund operation stage, no matter how many times the fund company allocates funds to buy and sell stocks and bonds, the proceeds will return to the escrow account, and the fund company has no authority to transfer the fund. Moreover, in the investment and operation stage of the fund, the fund company will also be supervised by the custodian bank. For example, if the fund property and investors' interests suffer serious losses, the custodian bank will report to the CSRC and take necessary measures to protect the interests of fund investors. In addition, the fund company will also conduct daily fund settlement and valuation accounting with the custodian bank.
3. In the information disclosure stage, the fund company will disclose information according to the fund contract and relevant laws and regulations at key nodes such as the end of the quarter, the middle of the year and the end of the year. At the same time, the custodian bank will also disclose relevant information about product operation based on the identity and responsibilities of the custodian, issue specific opinions on the fund's financial and accounting reports and quarterly and annual reports of the fund, and fulfill its reporting obligations. Finally, if some fund products are liquidated due to small scale or other special reasons, the fund company will set up a liquidation team within 30 working days from the date of termination of the fund contract to liquidate the fund under the supervision of the CSRC. As a member of the fund property liquidation group, the custodian bank needs to participate in the custody, liquidation, valuation, realization and distribution of the fund property. Once the liquidation link is over, the remaining assets of the fund will be distributed in proportion and returned to the investor's original bank account. From the establishment to the end of the fund, the custodian bank has always played a very important role, and its existence helps to ensure the safe operation of the fund assets. Of course, there will be returns if you pay, and the custodian bank will get the corresponding custody fee according to a certain proportion. For example, according to wind's statistics, by 2065438+June 30, 2009, ICBC had the largest amount of custody funds, with the total amount of custody funds as high as 1004, and the assets of custody funds exceeded 2 trillion yuan. In the first half of this year alone, ICBC collected custody fees totaling more than 2.4 billion yuan. "