It is not difficult and they are all basic questions; the Fund Qualification Examination is a "stepping stone" to enter the fund industry and is very important.

The Fund Practitioner Qualification Examination is based on the relevant provisions of the "Securities Law", "Fund Law" and "Code of Practice for Securities Investment Fund Sales Personnel", "Fund sales personnel should possess the necessary laws and regulations, Finance, accounting and other professional knowledge and skills, and obtain securities qualifications recognized by the association in accordance with relevant regulations." The China Asset Management Association has issued relevant regulations requiring private equity fund executives, legal persons, partners, etc. to obtain fund practice qualifications and have fund practice qualification certificates. Without such certificates, they cannot sell products.

Fund management personnel, business personnel, and marketing personnel in commercial banks, securities companies, insurance institutions, futures companies, independent fund sales agencies, and other institutions recognized by the China Securities Regulatory Commission must obtain fund professional qualifications.