Issuance of Funds Securities investment funds shall be issued by fund companies approved by the China Securities Regulatory Commission. For the issuance of each fund, the fund company must first submit the application documents for the establishment of the fund to the China Securities Regulatory Commission. The application documents should include: the name of the fund to be applied for, the necessity and feasibility of establishing the fund, the fund type, the fund scale, the duration, the issue price, the issuer, the fund transaction or purchase and redemption arrangement, the trustee to be entrusted, the prospectus, the fund contract and the custody agreement, etc. After receiving the documents, the China Securities Regulatory Commission will review the completeness and accuracy of the qualification of the fund company, the qualification of the fund custodian, the fund contract, the custody agreement, the prospectus and the submitted materials. If it meets the relevant standards, the fund company will be officially approved to raise funds publicly.