Legal definition
In the United States, according to the investment company act of
1940, investment companies are divided into two kinds: the unit
investment trust and managed investment company, unit investment
trusts in the stock is basically fixed, thus it is called without
management investment company. By contrast, managed investment
company is so named, because the investment combination of
securities at was constantly buying and selling : combination is
managed. Management investment company is further divided into
closed and open. Open end investment companies are usually
described as mutual fund.
" Company law"Production House twenty-sixth of the registered capital of a limited liability company as registered in the company registration authority by all of the shareholders of the capital contributions subscribed. All the shareholders of the company the amount of the initial capital contributions shall not be less than twenty percent of the registered capital, nor less than the statutory minimum amount of registered capital, the remaining part since the establishment of the company by shareholders within two years from the date of payment; wherein, the investment company can give the foot in five years.
Limited liability company the minimum amount of the registered
capital of thirty thousand yuan. Laws, administrative regulations
and the limited liability company registered capital of a higher
minimum provisions, from its provisions.
In second, the company name, the so-called investment company,
mainly engaged in trade, general assets, business investment
scope,bridgestone it
mainly depends on the articles of association of the company with
products.
Investment company is the money or property to the outside
enterprises or individuals, and from this money or assets
investment to obtain direct operating income or through share cash
funds out of the enterprise legal person.
At present, in China's financial market, investment companies to"
investment banking" role name, as the name suggests investment
company must have a large number of its own funds, can realize the
true investment operation.
At the same time, because the investment itself difficulty also need another similar intermediary nature of the enterprise to serve the investment companies and enterprises, hence many currently on the market the investment advisors, consultants do not have true ability to invest, but in investment activities for the project and the capital side bridge, and from consultant fee charged.
Use of the market
Despite the investment companies to individual investors money
centralized management, but the investment companies also need to
distinguish between investors investors in the asset investment
company for the right to. Investors to buy investment company
shares,MotoGP their
ownership is in accordance with the purchase of shares how to
partition. The value of each share net asset value ( known as net
asset value, NAV ). Net asset value is the value of assets minus
debt value at each share of.
The value of assets minus liabilities difference
Net asset value = have issued shares in total
Suppose a mutual fund manages $120000000 in securities portfolio,
the funds to pay the securities analyst investment advisory fee of
$4000000,wireless keyboards in addition to
pay $1000000 in rent, wages and fees etc.. The fund has a total of
5000000 shares, 120000 000-5 000000 / 5000000 of a share of the
fund
Net asset value = $23 / share fund

