However, there are some differences between trust funds and popular fund investment products in the market. The characteristics of trust are as follows:
As a financial tool, trust is more extensive than fund. Trust can not only invest in financial products such as securities, but also invest in industry. At present, the investment scope of securities investment funds is mostly stocks and bonds, but it also includes other investment channels.
The threshold of trust products is generally 6.5438+0 million.
China has only 68 trust licenses.
It can be seen that the difference between trust and fund investment is mainly reflected in the threshold of license, investment scope and gold content.
Trust is the entrustment of credit, and trust business is a legal act based on credit, which generally involves three parties, namely, the trustor who has invested in credit, the trusted trustee and the beneficiary who benefits from others.
Trust business is that the trustor transfers the property rights to the trustee (natural person or legal person) for the benefit of himself or a third person (beneficiary) according to the contract or will, and the trustee occupies, manages and uses the trust property according to the prescribed conditions and scope, and disposes of its income.
Trust wealth management products and other products are also safer and more reliable in relevant laws, mainly in the following aspects:
Article 16 of the Trust Law stipulates: "The trust property does not belong to or become part of the inherent property of the trustee (trust company), and if the trustee is dissolved, revoked or terminated by being declared bankrupt according to law, the trust property does not belong to its liquidation property".
Article 18 of the Trust Law stipulates that the creditor's rights arising from the trustee's management, use and disposal of the trust property shall not be offset by the debts arising from its inherent property. Creditor's rights and debts arising from the trustee's management, use and disposal of trust property of different clients shall not offset each other.
Article 15 of the Trust Law stipulates that trust property is different from other properties that the trustor has not established a trust. After the establishment of the trust, the trustor dies or is dissolved, revoked or declared bankrupt according to law, and the trustor is the sole beneficiary, the trust is terminated. Trust property as its inheritance or liquidation property; If the trustor is not the sole beneficiary, the trust will survive, and the trust property will not be used as its inheritance property or liquidation property; However, if the trustor of the same beneficiary dies or is dissolved, revoked or declared bankrupt according to law, the beneficial right of the trust shall be regarded as his inheritance or liquidation property.
Article 17 of the Trust Law stipulates that trust property shall not be enforced except in one of the following circumstances.