The fund sponsor refers to the institution that initiates the establishment of the fund and plays an important role in the establishment process of the fund.

In my country, according to the provisions of the "Interim Measures for the Administration of Securities Investment Funds".

The main sponsors of the fund are securities companies, trust investment companies and fund management companies established in accordance with relevant national regulations. The number of fund sponsors is more than two.

As far as the rights and obligations of the sponsors are concerned, this is also determined by the legislative purpose of the Fund Law. The purpose of the fund legislation is "to regulate the activities of securities investment funds, protect the legitimate rights and interests of investors and related parties, and promote securities investment funds and the securities market."

the healthy development of investors, and the protection of investor interests is the focus of legislation. The obligations of promoters are the responsibilities that promoters should perform to protect the interests of investors, and their rights are the conditions necessary to protect their enthusiasm for launching funds and promote the development of the fund industry.

Fund sponsors have the rights to apply for the establishment of a fund, attend or appoint representatives to attend fund holders’ meetings, obtain fund income, transfer fund units in accordance with relevant regulations, supervise fund operations, obtain information on fund business and financial status, participate in fund liquidation, and obtain

The remaining assets after the liquidation of the fund and other rights recognized by laws and regulations. To establish a joint-stock company in accordance with the promoter restrictions in Article 78 of the "Company Law", there should be at least two but not more than 200 people as promoters, among whom there must be one.

More than half of the sponsors have domiciles in China. Article 79: The sponsors of a joint-stock company shall sign a sponsor agreement to clarify their respective rights and obligations during the establishment of the company.