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Article 1 These Measures are formulated with a view to strengthening the administration of securities investment funds, protecting the legitimate rights and interests of the parties interested and promoting sound and steady development of the securities market.
Article 2 The securities investment funds (hereinafter referred to as the funds) referred to in these Measures mean an interest-sharing, risk-sharing collective securities investment mode, namely concentration of investors' funds through fund issuing units under the trusteeship of the fund trustees, funds administered and employed by fund administrators for engaging in investment in such financial tools as stocks and bonds.
Article 3 Fund assets shall be independent of the assets of the fund trustees and fund administrators.
Article 4 Whoever engages in fund operations and natural persons, legal persons and other organizations related to such operations within the territory of China shall abide by these Measures. |
