Introduction:
A securities investment fund management company refers to an enterprise legal person established in China with the approval of the China Securities Regulatory Commission and engaged in the management of securities investment funds. The board of directors of the company is the highest authority of the fund company. The promoters of fund companies are institutions engaged in securities business, securities investment consulting, trust asset management or other financial asset management. People usually refer to funds mainly as securities investment funds.
Establishment principle:
The fund company is established in accordance with the company law. According to Articles 2 and 3 of China's Company Law, a company refers to a fund company established in accordance with the Company Law, as well as an enterprise legal person in the form of a limited liability company or a joint stock limited company. Article 6 of China's "Company Law" stipulates in principle that those who meet the conditions for establishment shall be registered as limited liability companies or joint stock limited companies respectively by the company registration authority.
Expand:
A fund in a broad sense refers to a certain amount of funds set up for a certain purpose. It mainly includes trust and investment funds, provident funds, insurance funds, retirement funds and funds of various foundations. From the accounting point of view, capital is a narrow concept, which refers to funds with specific purposes and uses. The funds we are talking about now mainly refer to securities investment funds.