What are the effective fund contracts?
1. When the fund raising period expires, the closed-end fund shall meet the requirements that the total amount of fund share raised reaches more than 80% of the approved scale and the number of fund share holders is not less than 200; Open-end funds need to meet the requirements of raising no less than 200 million shares, raising no less than 200 million yuan and holding no less than 200 fund shares. The fund manager shall, within 65,438+00 days from the expiration of the raising period, engage a statutory capital verification institution to conduct capital verification, and submit a filing application and a capital verification report to the China Securities Regulatory Commission within 65,438+00 days from the date of receiving the capital verification report, and handle the fund filing procedures. China Securities Regulatory Commission shall give a written confirmation within 3 working days from the date of receiving the fund manager's capital verification report and fund filing materials; Since the date of written confirmation by China Securities Regulatory Commission, the fund filing procedures have been completed and the fund contract has come into effect. The fund manager shall announce the effectiveness of the fund contract the day after receiving the confirmation document from the China Securities Regulatory Commission.