Unified code of mutual funds specification
ICS 03.060
A11
Recordation Number
JR
Financial Industry Standards of the People's Republic of China
JR/T 0085-2012
Issued on December 26, 2012
Effective on December 26, 2012
China Securities Regulatory Commission
Table of Contents
Preface
Introduction
1 Scope
2 References to Specification Documents
3 Terms
4 Coding Specification
5 Registration Management Institutions
Preface
This standard was drafted according to the rules in GB / T 1.1-2009.
This standard was proposed by the Securities Technical Sub-committee of the China Financial
Standardization Technical Committee.
This standard shall be subject to the unified administration by the China Financial Standardization
Technical Committee.
This standard was drafted by: the Department of Fund Supervision of the China Securities
Regulatory Commission (“CSRC”), the Information Center of the CSRC, the Securities
Association of China, China Securities Depository and Clearing Corporation Limited, the
Shanghai Stock Exchange, the Shenzhen Stock Exchange, China Galaxy Securities Co. Ltd.,
CITIC Securities Co., Ltd., Industrial and Commercial Bank of China, Bank of China,
CITIC-Prudential Fund Management Co. Ltd., China Asset Management Co., Ltd, Hua An Fund
Management Co., Ltd., Harvest Fund Management Limited, ICBC Credit Suisse Asset
Management Co., Ltd., Southern Funds Asset Management Co. Ltd., Bosera Funds Co. Ltd., and
Beijing Ji'an Financial Information Co. Ltd.
The main drafters of this standards are: Hong Lei, Liu Wanfang, Cheng Li, Wang Tieniu, Zhang
Fan, Chen Yixin, Zhang Zhe, Shao Qiuing, Pan Zhenjiang, Zheng Binxiang, Wu Shaoping, Guo
Jing, He XiaoLei, Wu Qinwen, Lian Yuwei, Tang Qiang, Zha Hanfeng, Wu Yin, Zhang Jinfeng,
Zhao Liang, Peng Xin, Lian Sheng, Yao Jie, Gu Hepeng and Chen Lei.
Introduction
Before the issuance of this standard, the mutual funds listed on the stock exchanges of China were
coded and managed in accordance with the uniform coding rules of the stock exchanges for listed
securities, and fund management companies independently assigned codes to and managed mutual
funds not listed on the stock exchanges of China. The code of a mutual fund product listed on a
stock exchange was a six-digit number, a fund on the Shenzhen Stock Exchange had the first two
digits being 15, 16 or 18, and a fund on the Shanghai Stock Exchange had the first two digits
being 50, 51 or 52. The coding rules for mutual funds not listed on the stock exchanges were that:
the fund code was a six-digit number, the first two digits of which were the code of the transfer
agent for the fund management company (TA code) and the last four digits of which were the
product serial number. Because the maximum TA code capacity was 100 and the number of fund
management companies had exceeded 70, TA codes would be in shortage. As fund product codes
were linked to TA codes, the TA code shortage would affect the assignment of fund product codes.
After the issuance of this standard, the codes of mutual funds listed on the stock exchanges shall
still be uniformly assigned and managed by the stock exchanges, but the codes to be assigned shall
be filed for recordation with the coding and standards service providers accredited by the
securities and futures industry standardization organization. The assignment and management
modes for the codes of mutual funds not listed on the stock exchanges will change. A fund product
code that had been assigned and used before the issuance of this standard will continue to be used;
the code of a newly established fund will still be a six-digit number but without linkage to a TA
code, and the fund code thus no longer has any meaning. The codes shall be uniformly assigned
and managed by the coding and standards service providers accredited by the securities and
futures industry standardization organization.
Unified Code of Mutual Funds Specification
1 Scope
This standard specifies the coding standards and code assignment rules for mutual funds.
The applications for and use of mutual fund codes by the fund participants, including but not
limited to fund custodians, fund distributors, fund transfer agents, fund trading payment agents,
and fund trading supervision agents, and the fund investors shall be governed by this standard.
2 References to Specification Documents
The following documents are essential to the application of this standard. For references to dated
documents, only the dated edition of a document is applicable to this standard. For references to
undated documents, the latest edition (including all amendments) of a document is applicable to
this standard.
GB/T 1988-1998 Information Technology - 7-Bit Coded Character Set for Information
Interchange.
3 Terms
The following terms and meanings shall apply to this standard.
3.1 Mutual Fund
Means a manner of collective investment in which a fund is raised by the public offering of fund
shares, is managed by a fund manager and is under the custody of a fund custodian for the benefits
of fund share holders and securities investment is made through asset portfolios.
3.2 Base Code of Mutual Fund
Means a fund product code based on the fund contract as a unique identification for the legal
entity of the fund product.
3.3 Money Market Fund
Means a fund with its funds raised through a fund issue to be primarily invested in short-term
bonds, large-denomination negotiable certificates of deposits, commercial papers, repurchase
agreements and other money market instruments.
3.4 Bond Fund
Means a mutual fund with its investment primarily made in various treasury bonds, financial
bonds and corporate bonds.
3.5 Graded Fund
Means a structured mutual fund in which the shares of a FOF are categorized into sub-shares with
different expected risk returns by a prior agreement on the distribution of the fund's risk return and
such shares in some or all of categories may be listed and traded.
4 Coding Standards
4.1 Coding Principle
Mutual fund products shall be coded by using six-digit meaningless number.
4.2 Code Assignment Principles
Mutual fund codes shall be assigned under the following principles:
(a) Main codes shall be assigned by fund contracts, and each fund product shall have one main
code only, as its unique identification.
(b) For graded funds with different share net values and returns and some money market funds and
bond funds, in addition to the main codes, different fund codes may be assigned by category of
shares.
(c) Mutual funds listed on the Shanghai Stock Exchange shall use six-digit codes beginning with
50-59, and mutual funds listed on the Shenzhen Stock Exchange shall use six-digit codes
beginning with 15-19.
(d) Fund product codes that has been assigned and used before the issuance of this standard will
continue to be used. The newly assigned codes shall be uniformly assigned and managed in
accordance with the overall planning for the securities and futures industry.
5 Registration Management Institutions
(a) Mutual fund codes shall be uniformly assigned and managed by the coding and standards
services providers accredited by the securities and futures industry standardization organization.
(b) The codes of funds listed on or used by the Shanghai and Shenzhen Stock Exchanges shall be
assigned and managed independently by the Shanghai and Shenzhen Stock Exchanges and be
reported for recordation to the coding and standards service providers accredited by the securities
and futures industry standardization organization.