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What is the fund sales agency entrusted to engage in fund sales agency?
1. A fund sales organization is an organization entrusted by a fund management company to engage in fund consignment business.

2. The fund sales organization refers to the fund manager who handles the subscription, purchase and redemption of fund shares according to law and other institutions that have obtained the qualification of fund consignment business.

3. A fund management company refers to a company established in accordance with relevant laws and regulations to manage fund raising, fund share subscription and redemption, fund property investment, income distribution and other fund operation activities. The legal raising of securities investment funds shall be undertaken by the fund manager. The fund manager shall be a legally established fund management company. As a fund manager, it shall be approved by the the State Council Securities Regulatory Authority. According to the way of establishment, there are closed-end funds and open-end funds; There are contract funds and corporate funds; According to the way of establishment, there are closed-end funds and open-end funds; According to the investment objects, there are stock funds, money market funds, option funds and real estate funds.