First of all, countries have strict regulations on the qualifications of fund management companies and strict regulations on the trustees of fund assets, and public funds have strict procedures and strict policies and restrictions on issuance, fundraising and investment. When the fund is issued, it needs to first complete a series of legal documents for record in the relevant regulatory bodies (such as the U.S. Securities and Exchange Commission, the Financial Supervisory Authority of Singapore, etc.); there are very strict requirements for information disclosure when raising funds, and its investment objectives, investment portfolio and other information should be disclosed; when investing, the management and operation of public funds are subject to strict supervision, including investment methods, shareholding ratios, restrictions on positions, etc.; the operating period has Regular NAV report disclosures, etc.
Secondly, overseas public funds in general have ISIN, which refers to the International Securities Identification Number, a 12-digit alphanumeric code that can be issued for stocks, bonds, options, derivatives and futures.ISIN is regulated by the International Standards Organization (ISO), but is issued by the National Numbering Authority (NNA) of the country where the security is issued. For example, the UK ISIN code is issued by the London Stock Exchange.
After a Standard Account user opens a Fund Supermarket account and makes a fund purchase, the customer's purchase funds will be transferred from the Standard Account to the Fund Company's bank account for fund investment. As mentioned above, customers' funds are strictly supervised by the financial regulator in the place where the fund is registered or where the fund manager is located, after they have applied for public fund shares.