1. Safely keep all assets of the fund;

2. Implement the investment instructions of the fund manager and handle fund transactions in the name of the fund;

3. Supervise the investment operation of the fund manager, and if it is found that the investment instruction of the fund manager is illegal, it will not be implemented, and it will be reported to the China Securities Regulatory Commission;

4. Review 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. Publish fund performance report, provide fund custody information and report to China Securities Regulatory Commission and China People's Bank;

7. Other duties stipulated in the articles of association of the fund or the fund contract and custody agreement.

The role of fund custodian

Fund custodian plays a very important role in fund operation. The key is to protect the security of fund assets and the interests of fund holders. Specifically reflected in:

1. With the intervention of the fund custodian, the ownership, use right and custody right of the fund assets are separated, and a mutually restrictive relationship is formed among the fund custodian, fund manager and fund holder, which prevents the fund property from being used for other purposes and effectively ensures 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. Through the accounting and valuation of the custodian, keep abreast of the status of the fund assets and avoid the risks brought by the "black box" operation to the fund assets.

The prohibited acts of the custodian mainly include:

(a) to engage in fund property investment activities with its inherent property or other people's property;

(two) unfair treatment of different fund assets under its management;

(3) Taking advantage of the fund's property or position to seek benefits for themselves or others other than investors, and transferring benefits;

(4) Embezzlement and misappropriation of fund property;

(5) divulging undisclosed information obtained by taking advantage of his position, and using the information to engage in or express or imply others to engage in related trading activities;

(six) to engage in investment activities that damage the fund property and the interests of investors;

(seven) dereliction of duty, do not perform their duties in accordance with the provisions;

(eight) engaged in insider trading, price manipulation and other unfair trading activities.

legal ground

People's Republic of China (PRC) Securities Investment Fund Law

Article 1 This Law is formulated for the purpose of regulating the activities of securities investment funds, protecting the legitimate rights and interests of investors and relevant parties, and promoting the healthy development of securities investment funds and capital markets.

Article 2 This Law is applicable to securities investment funds (hereinafter referred to as funds) established in People's Republic of China (PRC) through public offering or private placement, which are managed by fund managers and managed by fund custodians, and conduct securities investment activities for the benefit of fund share holders; Where there are no provisions in this Law, the provisions of People's Republic of China (PRC) Trust Law, People's Republic of China (PRC) Securities Law and other relevant laws and administrative regulations shall apply.