Matters Relevant to the Use by Fund Management Companies of Their Own Funds to Engage In Fund Investments Circular
关于基金管理公司运用固有资金进行基金投资有关事项的通知
This Circular allows fund management companies to use their own funds to engage in fund investments only if it has net assets of at least Rmb 50 million and that the amount of fund shares it holds do not account for more than 60% of its net assets.
Share:
(Issued by the China Securities Regulatory Commission on June 8 2005.)
(中国证券监督管理委员会于二零零五年六月八日下发。)
Zheng Jian Ji Jin Zi [2005] No.96
证监基金字 [2005] 96号
To all fund management companies:
各基金管理公司:
Pursuant to the Securities Investment Funds Law and the Administration of Securities Investment Fund Management Companies Procedures, we hereby notify you as follows on matters relevant to the use by fund management companies of their own funds to engage in fund investments, in order to regulate the use by fund management companies of their own funds to engage in fund investments and protect the lawful rights and interests of fund shareholders:
为了规范基金管理公司运用固有资金进行基金投资的行为，保护基金份额持有人的合法权益，根据《证券投资基金法》、《证券投资基金管理公司管理办法》的规定，现就基金管理公司运用固有资金进行基金投资的有关事项通知如下:
1. When using its own funds to
一、 基金管理公司运用固有资金进行基金投资，应当遵守法律、行政法规和中国证监会的相关规定，并依照公司章程规定履行相应程序。