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What does the fund mean by fixed investment every week? What is a start-up fund?
What does the fund mean by fixed investment every week? What is a start-up fund?

How much does the fund invest every week?

Fund fixed investment business is the abbreviation of fixed investment fund, which refers to investing in designated open-end funds at a fixed time and amount.

Weekly fixed investment is to set the deduction period as weekly deduction, reasonably spread risks and share costs.

What is a start-up fund?

Sponsored fund refers to a securities investment fund that meets the requirements of the CSRC and is promised by the fund manager, the fund manager's shareholders, the fund manager's senior management or the fund manager to subscribe for a certain amount and hold it for a certain period of time. Sponsored funds have lowered the threshold for the establishment of issuance and strengthened the fund withdrawal mechanism. According to relevant laws and regulations, the fund manager, the manager's shareholders, the fund manager's senior management or the fund manager shall subscribe for no less than10 million yuan in the sponsored fund, and the holding period shall be no less than 3 years. Three years after the fund contract comes into effect, if the scale of the fund assets is less than 200 million yuan, the fund contract will be automatically terminated and may not be extended by holding a holders' meeting.

Binding the interests of fund investors with the interests of fund companies is the biggest feature of sponsored funds, which, to a certain extent, urges fund managers to create interests for investors more actively.