China Minsheng Foundation publicly raises securities investment fund management, fund sales and other businesses approved by the China Securities Regulatory Commission; At the same time, the registered capital of Minsheng Fund is approved to be 200 million yuan, and the approved shareholding structure is: Minsheng Securities Co., Ltd. contributes 200 million yuan, with a capital contribution ratio of 65,438+000%; In addition, the legal representative of Minsheng Fund is Zhou Xiaoquan, the general manager is Shi Bing, and the inspector general is Wang Xueyun.

According to whether the fund unit can be increased or redeemed, it can be divided into open-end funds and closed-end funds; Open-end funds are not traded on the market (as the case may be), but are purchased and redeemed by banks, brokers and fund companies, and the fund scale is not fixed; Closed-end funds have a fixed duration and are generally listed and traded on the stock exchange. Investors buy and sell fund shares through the secondary market.

According to different organizational forms, it can be divided into corporate funds and contractual funds; A fund is established by issuing fund shares to establish an investment fund company, which is usually called a corporate fund; The establishment of fund managers, fund custodians and investors through fund contracts is usually called contractual funds. China's securities investment funds are all contractual funds.