What does the operation department of a fund company do?

The operation department is the fund of the operating fund company, which handles the daily subscription and redemption business and discloses relevant information to investors in time. Complete fund transaction liquidation, fund asset valuation and fund net asset value valuation; Prepare statements and reports required for fund investment management and operation analysis; According to the legal requirements of information disclosure, accurately and timely prepare the required statements or provide the required data; Need a higher computer level and some basic accounting knowledge.

Responsibilities include capital settlement and fund accounting. Capital settlement includes: opening an investor's fund account; Confirm the application for fund subscription, subscription, redemption, conversion and non-transaction transfer, and complete the liquidation of fund shares; Manage the fund delivery of fund sales institutions, be responsible for the transfer of funds in relevant accounts, and complete the settlement of sales funds; Establish and manage accounts related to fund settlement, be responsible for account accounting and keep accounting records; Review and supervise the results of fund share clearing and fund settlement. Fund accounting work includes: recording the operation process of fund assets and completing the accounting work of fund investment business on that day; Calculate the net asset value of the fund on the current day; Complete the accounting check with the custodian bank, and review the calculation results of the net value of fund shares; Fund management fees and custody fees shall be accrued on a daily basis; Fill in the transfer instructions of investment transaction funds generated during the operation of fund assets and send them to the custodian bank; According to the fund share liquidation results, fill in the fund redemption fund transfer instructions and send them to the custodian bank; Complete the check between the fund assets settlement voucher generated by the fund transfer instruction and the daily cash flow statement of the custodian bank; Establish accounting files of fund assets, and regularly bind and file relevant vouchers and books.

The so-called fund is that people raise funds from fund companies and then professional investors manage these funds. This professional manager, commonly known as fund manager, is responsible for research and investment. They are all diligent and experienced. After a fund is raised, the fund manager will take everyone's money and go to the market to buy and sell financial products such as stocks to make money. In the financial market, the prices of financial products such as stocks fluctuate constantly. On the one hand, fund managers earn the difference by judging the market, buying at a low price and selling at a high price; On the other hand, products such as stocks bought will receive dividends. The fund mainly relies on these two parts of income to make money.