Fund practice is the abbreviation of fund qualification examination, which was organized by China Asset Management Association in 2003 as a part of the qualification examination system for securities practitioners. The qualification examination for fund practitioners is based on practical application, which mainly assesses the essential basic knowledge and professional skills of fund practitioners, covering seven basic knowledge such as fund industry overview and investment management.

The qualification examination of funds has three subjects, one is fund laws and regulations, professional ethics and business norms, the other is the basic knowledge of securities investment funds, and the third is the basic knowledge of private investment funds. As long as you pass two subjects, you are deemed to have passed, of which subject one is a compulsory subject.