Is the investment fund safe?
The assets invested by investors in the Fund are protected by law. As can be seen from the operation mode of funds in China, funds are a very safe way to invest: * Regulatory authority: China Securities Regulatory Commission China Securities Regulatory Commission supervises the establishment, raising and operation of funds and fund management companies to protect the rights and interests of investors. * Management organization: China laws and regulations of fund management companies require fund management companies to have strict internal control mechanisms to control various risks and ensure the safety of investors' funds. * Custody institution: the fund management company of the fund custodian bank is responsible for the management and operation of the fund, while the assets of the fund are kept in an independent account of the custodian bank, which is independent of the assets of the fund management company, the fund custodian bank and other funds. At present, there are only five big banks with custody business qualifications in China, namely China Industrial and Commercial Bank, China Agricultural Bank, China Bank, China Construction Bank and Bank of Communications. These reputable banks can act as custodians of your funds, keep the fund assets in strict accordance with laws, regulations and fund contracts, ensure that they are not used for other purposes, and supervise the operation of fund management companies. * Independent accounting firms of accounting firms and law firms audit the accounts of the Fund, and law firms will issue legal opinions on the issuance and establishment of the Fund to ensure that all laws and regulations are strictly observed and protect the rights and interests of investors. * Laws and Regulations The Interim Measures for the Management of Securities Investment Funds and the Pilot Measures for Open-ended Securities Investment Funds issued by the the State Council and China Securities Regulatory Commissions have also made strict provisions on the establishment, offering, trading, investment operation and the rights and obligations of all parties, so as to ensure the standardized operation of funds and the safety of fund assets and protect the interests of investors. As can be seen from the above arrangement, the assets you invest in the fund have multiple guarantees, so they are quite safe.