Public funds gather to correct performance benchmarks; the "Benchmark Library" may already be on the way.

Jin10 data reported on May 20th that the public fund industry has initiated a wave of "corrective" actions regarding performance benchmarks. According to rough statistics from reporters, as of May 20th, nearly 80 public funds have changed their performance benchmarks this year. Many fund companies have stated that adjusting the performance benchmarks is aimed at better reflecting the risk-return characteristics of the funds and improving the comparability of fund performance with the performance benchmarks. It is worth mentioning that currently, regulatory guidelines for performance benchmarks of public funds are being formulated, and in the future, more fund companies may join the ranks of proactive corrections. In addition, reporters have learned from the industry that to standardize the establishment of performance benchmarks for funds, the regulatory authorities intend to build a "benchmark database". Subsequently, when fund companies design products, they may need to select the desired performance benchmarks from the "benchmark database."