The Qualification Certificate for Fund Practice consists of three subjects: Subject 1, Fund Laws and Regulations, Professional Ethics and Business Norms; Subject 2, Basic Knowledge of Securities Investment Funds; and Subject 3, Basic Knowledge of Private Investment Funds. Among them, subject 1 is a compulsory subject, and candidates can choose to pass subject 1 and subject 2, or they can choose to pass subject 1 and subject 3. The examination adopts 100 scoring system, and the qualified scores are all 60 points.
After passing the examination, candidates can apply to China Asset Management Association for fund qualification registration within four years through their institutions. Those who have not applied for the exam for more than four years need to make up the follow-up training hours required in the last two years or re-take the qualification examination before registration.