Advantages of the initiating fund:

First, the interests are tied and the risks are borne, so as to achieve * * * win;

2. Initiate long-term holding of funds to enhance investors' confidence and recognition;

third, it is conducive to ensuring the stability and continuity of fund scale and performance;

fourth, it is helpful to realize the benign development of promoting scale through performance.

Sponsored funds refer to funds initiated by fund managers, shareholders and executives of fund companies as fund sponsors and subscribed for a certain amount of funds, which binds the interests of investors and fund issuers, improves the sense of responsibility of fund managers and helps to enhance investors' confidence.

conditions for the establishment of sponsored funds:

sponsored funds, as a new fund structure, require fund companies to use the sponsored funds to subscribe for new funds with an amount of not less than 1 million yuan, and the holding period of the subscribed shares is not less than 3 years. The sources of initiating funds include the shareholders' funds of the fund company, the company's inherent funds, the company's senior management personnel or personnel with fund manager qualifications. At the same time, in order to encourage fund companies to actively bind interests with holders, the threshold for the establishment of initiated fund raising will be greatly reduced. When the raising scale is not less than 5 million yuan and the number of people raised is not less than 2, the fund management company can handle the filing procedures for the effectiveness of the initiated fund contract.