Fund sponsors refer to the institutions that initiate the establishment of funds and play an important role in the process of fund establishment. In China, according to the Interim Measures for the Administration of Securities Investment Funds.

The main sponsors of the fund are securities companies, trust and investment companies and fund management companies established in accordance with relevant state regulations, and the number of fund sponsors is more than 2. According to the Interim Measures for the Administration of Securities Investment Funds and the relevant provisions of the China Securities Regulatory Commission, the main responsibilities of fund sponsors include:

(1) Formulate relevant legal documents and apply to the competent authority for the establishment of the fund to prepare for the establishment of the fund;

(2) Subscribe or hold a certain number of fund shares.

Extended data:

Requirements for fund managers: Different countries and regions have different regulations, but they usually include the following aspects:

1, with a certain amount of capital. For example, the minimum paid-in capital of the fund management company to be established is100000 yuan as stipulated in the Fund Measures;

2. Administrative, financial and management personnel are independent of the custodian;

3. Have a complete organizational structure;

4. There are enough qualified professionals;

5. It has a sound risk control system and internal management system.