In China, contractual funds are established according to the fund contract signed by the fund manager and the fund custodian. Fund investors become fund share holders and parties to fund contracts after obtaining fund shares, and enjoy rights and assume obligations according to law. Corporate funds are established according to the articles of association of the fund company. Fund investors are shareholders of the fund company, enjoy the rights of shareholders, bear limited liability according to the shares they hold and share the investment income. Although fund investors can also express their opinions through the holders' meeting, compared with the shareholders' meeting of corporate funds, the contractual fund holders' meeting gives fund holders relatively few rights.