Sponsored funds have lowered the threshold for establishment by offering, and strengthened the fund withdrawal mechanism, that is, sponsored funds need to be stipulated in the fund contract. After the fund contract takes effect for three years, if the fund assets are less than 2 million yuan, the fund contract will be automatically terminated, and it is not allowed to be extended by holding a holders' meeting.
in the application documents for raising the sponsored fund, the fund company shall submit the letter of commitment issued by the sponsors, such as shareholders, companies, senior managers and fund managers, explaining the share they promised to buy and the lock-up period. In the name of the fund, it is necessary to indicate "×× sponsored fund", and disclose the changes in the share, term and period of the fund held by the sponsored funds in the effective announcement of the fund contract and the periodic report of the fund.
when an executive or fund manager leaves his post during the share lock-up period, he can't redeem the initiating share in advance. On June 2, the CSRC announced the Decision on Amending Articles 6 and 12 to reserve space for the launch of sponsored funds.
Tips:
1. The above explanations are for reference only, and no suggestions are made.
2. There are risks in entering the market, so the investment should be cautious.
response time: 221-12-23. Please refer to the latest business changes announced by Ping An Bank in official website.