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[The fourth batch of benchmark adjustments for public funds has been implemented] On October 30th, today evening, more than a thousand existing public funds issued a centralized announcement of performance comparison benchmark adjustments, and the fourth batch of public fund performance benchmark adjustments were officially implemented. Since April this year, the adjustment of existing fund performance comparison benchmarks has been carried out in four batches, involving a total of more than 4,000 existing products, giving about 40% of active products a fairer frame of reference, and the public fund industry's function of serving residents' wealth management has been further improved. Industry insiders emphasize that the adjustment of the performance comparison benchmark does not mean that the fund has adjusted its positions or is about to adjust its positions. The actual investment operation of the fund will be made by the fund manager based on the fund contract, investment strategy, market conditions and investment research support. As product positioning, investment management and information disclosure are further connected, performance comparison benchmarks are expected to play a more clear role as a "reference system" to help investors understand and evaluate funds, and serve the long-term healthy development of the industry. (Reporter Li Di)
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