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公募基金业绩比较基准指引公布!新规具体内容有哪些?
Sou Hu Cai Jing·2025-11-02 06:58

Core Viewpoint - The China Securities Regulatory Commission and the Asset Management Association of China have released draft guidelines to address issues of style drift and misleading practices in public offering securities investment funds [1][5]. Group 1: Regulatory Changes - The new guidelines aim to ensure that performance benchmarks accurately reflect the product's positioning and cannot be changed arbitrarily once established [5]. - Fund managers are required to create a performance evaluation system centered on fund investment returns, linking compensation management to investment performance [5][9]. Group 2: Impact on the Industry - The draft guidelines transform performance benchmarks from loose references to rigid constraints, promoting a closed-loop system of "performance, compensation, and reputation" [7]. - The new regulations provide investors with a clear standard for evaluating funds and impose strict oversight on fund companies' selection of performance benchmarks [9]. - Regulatory authorities will guide industry institutions to gradually optimize and change existing product benchmarks over a one-year transition period [9].