Candidates who have passed one subject in the fund qualification can continue to apply for another subject next time. The grades are rolling, as long as you pass two subjects in four years.

The results of the fund qualification examination are valid for four years, and you can apply for the registered fund qualification certificate by passing all the subject examinations within four years. For more than four years, those who have not applied to the fund industry association for the qualification of registered funds through their institutions need to re-take the subject I and subject II exams, or apply to the fund industry association for the qualification of registered funds through their institutions after completing the follow-up training hours in the last two years.

Candidates who have participated in the qualification examination organized by the Securities Industry Association and passed the examination of Securities Investment Fund, Securities Market Basis or Basic Knowledge of Fund Sales, and passed the examination, according to the principle that the results of the Securities Industry Association are valid for a long time, the fund industry association will recognize the results of all subjects before July 20 17+0, starting from July 20 17.