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.

(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:

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