According to CoinMeta, in accordance with the "Notice on Carrying Out the Pilot Program for Investment Advisory Services of Publicly Offered Securities Funds," the Asset Management Association has issued relevant notices to the pilot institutions for fund investment advisory services. The notice states that Class T shares refer to a category of fund shares established by funds for individual investors for the purpose of investment advisory services. Class T shares do not have (subscription) purchase fees or customer maintenance fees, and the management fee is generally charged at 60% of the original fund management fee. Starting from January 1, 2027, if pilot institutions for fund investment advisory services also engage in fund sales, they should allocate Class T shares to investors in their new business. For existing businesses, a gradual transition to using Class T shares can be made during processes such as adjusting the fund investment portfolio strategy.