What are the specific requirements for setting up a private equity firm? Perhaps many people want to know the conditions that private equity companies need, so Bian Xiao specially brings you how to set up a stock private equity company, hoping to help you.
How to set up a private equity company
1. Shareholders meet legal requirements;
2. Formulate the articles of association according to law;
3. The registered capital shall not be less than 1 100 million yuan, and must be paid-in monetary funds;
4. Having qualified senior managers and business personnel;
5. Other conditions prescribed by law.
What do you mean by fund explosion?
Short position means that under some special circumstances, the customer's rights and interests in the investor's margin account are negative. Usually, when the fund market changes greatly, the funds in investors' margin accounts are mostly occupied by trading margin, and the trading direction is opposite to the market trend, it is easy to appear short positions due to the leverage effect of margin trading.
How to buy a fixed investment fund?
1, number of fixed investment funds
Generally speaking, normal fund investment should not exceed 3. There are too many fixed investment fund products that do not pay attention to screening, which is basically equivalent to investing in an index fund.
Of course, if you want to diversify risks and increase the allocation of QDII funds, you can appropriately increase the number of funds, but there is no need to repeatedly allocate funds of the same nature.
This is the most common mistake everyone makes. Many people choose a bunch of funds for fixed investment, but in fact they have not achieved the purpose of allocation.
2. The frequency of fixed fund investment
Common fixed investment is monthly, Zhou Du and biweekly. Generally speaking, the higher the frequency, the better the decentralization effect, but if the investment cycle is long enough, the monthly fixed investment is enough to achieve the effect.
Which investors are suitable for different types of funds?
Investors need to consider their own risk preferences, investment duration, liquidity and expected returns when choosing funds. Equity funds are suitable for investors who have a certain tolerance for risks and hope to obtain higher returns. Bond funds are suitable for risk-averse investors, with stable income as the main goal. Money market funds are suitable for investors seeking short-term stable investment returns, such as investors who need to store funds in the short term or avoid stock market fluctuations. Hybrid funds are suitable for investors who want to balance risks and returns between stocks and bonds.
What are the rules for fund subscription and redemption?
1. Fund subscription: Fund subscription usually needs to be conducted on an open day. Investors can purchase fund shares through banks, fund companies, fund sales platforms and other channels. The subscription amount usually has a minimum starting point and is calculated according to the net value. After the subscription, the fund company will confirm the subscription result and deduct the subscription amount within T+2 working days.
2. Fund redemption: Fund redemption also needs to be carried out on the open day. Investors can apply to the fund company for redemption and get the redemption money within T+2 working days. It should be noted that redemption during the holding period may generate certain expenses, and the redemption price of fund shares is usually based on the net value of fund shares.
3. Expenses: Both fund subscription and redemption involve some expenses. Among them, the subscription fee is usually zero or extremely low, and the redemption fee will be different due to factors such as fund type, holding time and redemption method. In addition, the fund may also charge management fees, custody fees and other fees.
It is worth noting that the above are the general rules for fund purchase and redemption, and different types of fund purchase and redemption rules may be different.
When will the fund explode?
There will be short positions, often because the fund losses are too serious. Generally speaking, it may be because the risk control of the fund is too poor, so the fund fell badly; It is also possible that the fund manager added leverage, but after adding leverage, stocks or bonds developed in the opposite direction, thus triggering short positions.
Generally speaking, Public Offering of Fund in China will not explode. However, if the asset allocation ratio exceeds 100%, that is, the fund manager leverages through bond pledge repurchase, then when the price of pledged bonds falls and some funds pledged by the fund manager suffer losses, it may cause great losses and lead to short positions.
Public Offering of Fund has strict institutional leverage restrictions on investment: the leverage ratio of open-end funds should not exceed 140%. For fixed funds, the closed period shall not exceed 200%, and the open period shall not exceed 140%.
Compared with Public Offering of Fund, private equity funds in China are more likely to break out, because the investment risk of private equity funds is higher. Especially for some equity private equity funds, when the companies they invest in are not listed, it means that private equity funds are in a state of loss, which is easy to cause short positions.