On Operation & Supervision Modes of Futures Investment Funds in China

Future investment fund is a natural result of futures market development and it is a great improvement to the stabilization of futures market.As to the circumstances of China, futures market have moved to a new phase of legalization and standardization. At present, China has all the necessities for future investment fund operation, and it is a must for its appearance in China’s market.With regard to this, the author discusses and tries to construct a mode for the operation and supervision of future investment funds.On the basis of contrast & comparison, together with qualitative and quantitative analysis, the paper expatiates on six parts: kinds of funds instauration & collection of funds organization structure of fund management company and control system inside the organization investment operation of funds appraisal & profit allotment trusteeship and public information, all of above are concerned with modes of operation.As to the matter of supervision mode, the paper shed lights on the legal gist main structure and most important contents of future investment funds in China by theory and practice.At the end of the paper, the author narrates two theoretical problems concerning future investment fund operation and supervision: one is investment and speculation of funds, the other is the legislation and management of fund. And the author holds that a correct attitude towards speculation is needed, and at the same time should be within appropriate control. The establishment of fund should be in a standardized form, and it should also be developed in a standardized manner.