The first subject of the fund qualification examination includes the participants of securities investment funds, the difference between contract funds and corporate funds, the difference between ETF and LOF, the investment target of money market funds, and the development of securities investment fund industry in China.

The investment targets of QDII funds and the parent fund shares of graded funds can only be purchased and redeemed, and the A shares and B shares can only be listed and traded. The subscription method of funds and fund sales institutions implement the principle of fund sales applicability.

There are two chapters (1) about the difference between contractual funds and corporate funds, and (2) about the concept of corporate funds.