Fund sales institutions refer to fund managers who subscribe, purchase and redeem fund shares according to law and other institutions that have obtained the qualification of fund consignment business.

A fund sales institution shall establish a fund sales applicability management system, which shall at least include the following contents:

1. Ways and means of prudent investigation by fund managers.

2. The way or method of setting the risk level of fund products and evaluating the risk of fund products.

3. Ways and methods to investigate and evaluate the risk tolerance of fund investors.

4. The method of matching fund products with fund investors.