Fund custody In order to fully protect the rights and interests of fund investors and prevent fund trust properties from being misappropriated for other purposes, securities investment trust regulations in various countries stipulate that all funds must establish a fund custody institution, that is, a fund custodian to invest in the fund management institution.

Supervise operations and safeguard fund assets.

The concept of fund custodian Fund custodian is an institution that supervises fund managers and takes custody of fund assets based on the principle of "separation of management and custody" in fund operation.

The fund custodian signs a custody agreement with the fund manager, performs its duties within the scope stipulated in the custody agreement and receives certain remuneration. The qualifications of the fund custodian "Fund Measures" stipulate that funds established with approval shall entrust a commercial bank to serve as the custodian.

, the main conditions are as follows: 1.

There is a special fund custody department; 2.

The paid-in capital is not less than 8 billion yuan; 3.

Have enough full-time personnel who are familiar with the custody business; 4.

Have the conditions for safe custody of all fund assets; 5.

Have safe and efficient clearing and delivery capabilities.

Responsibilities of the Fund Custodian The main responsibilities of the Fund Custodian are: 1.

Safely keep all assets of the fund; 2.

Execute the investment instructions of the fund manager and be responsible for handling fund transactions under the name of the fund; 3.

Supervise the investment operations of the fund manager, and if it is discovered that the fund manager’s investment instructions are illegal or illegal, they will not be implemented and report to the China Securities Regulatory Commission; 4.

Review and examine the fund net asset value and fund price calculated by the fund manager; 5.

Keep the accounting books and records of the fund for more than 15 years; 6.

Issue fund performance reports, provide fund custody status, and report to the China Securities Regulatory Commission and the People's Bank of China; 7.

Other duties stipulated in the fund charter or fund contract or custody agreement.

/cn/common/fourth.jsp?category=1098858963100 There are specific funds under custody on the Bank of China’s website.

Divided into closed and open.