Judging from the operation mode of funds in China, the main responsibility of fund management companies is to make investment decisions on behalf of fund share holders and conduct investment management according to the objectives of funds. Fund assets are deposited in independent fund accounts and kept by fund custodian banks. All incoming and outgoing funds are entrusted to independent fund custody banks. Fund assets are independent of the self-owned assets of fund managers and fund custodians, and the creditors of fund managers and fund custodians have no claim to fund assets. In other words, if a fund management company or a custodian bank faces a crisis, its creditors have no right to use the assets of the special fund account. Even in the worst case, if the fund management company or custodian bank declares bankruptcy, the security of fund assets will still be guaranteed.