2. Fund consignment is an investment business of financial institutions, which is called open-end fund consignment business. This business refers to an intermediary business in which a financial institution accepts the entrustment of a fund manager, signs a written consignment agreement, sells open-end funds on behalf of the fund manager, accepts applications from investors for subscription, purchase and redemption of open-end funds, and provides supporting services. Service has five characteristics: more choices, more concessions, more convenience, more services and more security. Financial institutions sell the open-end fund products of several fund companies for investors to choose, and the fund products on consignment are for investors to choose.