According to the relevant laws and regulations of our country, the fund must have a custodian and a fund manager. The fund custodian can only be a commercial bank recognized by the CSRC, and is generally selected by the fund manager. . . The fund manager is a fund management company. For example, the fund manager of Huaxia XX Fund is Huaxia Fund Management Co., Ltd.. The fund must have a fund custodian, but this does not need to be managed by the fund purchaser (holder). This is automatic. .