The cCrporate Fund:the Strategic Choice of the Chinese Mutual Fund Industry Development

The corporate fund has become now the main form of mutual fund in the world. But contractual fund is the only form in our country. Being used as comparison, the contractual fund contains inborn defects. The corporate fund contains more system advantages. According to this, the corporate fund should become the main policy alternative in the development of future fund industry of our country. Therefore, it is necessary to define the law nature of corporate fund clearly and definitely. And so necessary is to achieve a balance of tax burden between the corporate fund and the contractual fund