Introduction to the Sponsored Fund: Sponsored funds have lowered the threshold for the establishment of offering, and strengthened the fund withdrawal mechanism, that is, sponsored funds need to be stipulated in the fund contract. After the fund contract takes effect for three years, if the fund assets are less than 2 million yuan, the fund contract will be automatically terminated, and it cannot be extended by holding a holders' meeting. In the documents of applying for raising sponsored funds, fund companies need to submit letters of commitment issued by sponsors such as shareholders, companies, senior managers and fund managers, explaining the share they promised to buy and the lock-up period. In the name of the fund, it is necessary to indicate "×× sponsored fund", and disclose the changes in the share, term and period of the fund held by the sponsored funds in the effective announcement of the fund contract and the periodic report of the fund. Executives or fund managers who leave their posts during the share lock-up period cannot redeem the initiating shares in advance. On June 2, the CSRC announced the Decision on Amending Articles 6 and 12 to reserve space for sponsored funds.
For the selection of sponsored funds, investors can refer to the following aspects: First, sponsored funds may tend to be conservative in investment strategy and pay more attention to risk control in actual operation by bundling with managers' interests, so their advantages may be more obvious in volatile and falling markets. 2. Sponsored funds stipulate that the lock-up period of the share of the sponsored funds is 3 years, which is beneficial to the stability of the fund management team to a certain extent, which is conducive to the stability of the fund investment style and is suitable for investors to allocate assets for a long time. Therefore, allocated investors can pay due attention to it. Third, in the actual investment process, there is no difference between sponsored funds and other non-sponsored funds. Therefore, similar to the method of selecting ordinary funds, we should focus on those funds with strong managers, outstanding investment management ability and stable performance in each period in combination with the future market trend and personal risk preference. Fourth, choose a fund with strong interest bundling. Under the same conditions, investors can choose companies and fund managers to subscribe for more funds. 5. Avoid relatively small-scale funds.