(1) The intervention of the fund custodian separates the ownership, use right and custody right of the fund assets, and forms a mutually restrictive relationship among the fund custodian, fund manager and fund holder, thus preventing the fund property from being used for other purposes and effectively ensuring the safety of the assets.
(2) Supervise the investment operation of the fund manager through the fund custodian, including investment objectives, investment scope, investment restrictions, etc. , you can find out in time whether the fund manager is operating in accordance with the requirements of relevant laws and regulations. The custodian may promptly report the illegal acts of the fund manager to the supervision and administration department.
(3) Grasp the status of fund assets in time through the accounting and valuation of the custodian, and avoid the risks brought by "black-box" operation to fund assets. The role of fund promoters is to set up funds; Fund managers operate and manage fund assets; The fund custodian is the nominal holder and trustee of the fund assets. A fund custodian is a party who undertakes the related responsibilities such as asset custody, transaction supervision, information disclosure, fund settlement and accounting in the operation of securities investment funds according to the requirements of laws and regulations. The fund custodian has four responsibilities:
1. Asset custody, that is, the fund custodian should set up an independent account for the fund assets to ensure the safety and integrity of all the assets of the fund. 2. Fund settlement, that is, executing the investment instructions of the fund manager and handling fund transactions in the name of the fund.
3. Asset accounting, that is, establishing fund account books and accounting, checking and rechecking the net asset value and net fund share value calculated by the manager.
4. Investment operation supervision, that is, to supervise whether the behavior of fund managers conforms to laws and regulations and the provisions of fund contracts. Fund custodians mainly obtain custody fees through custody business as the main source of income, and the custody scale is directly proportional to the receiver of custody fees.