中国证监会就《公开募集证券投资基金业绩 比较基准指引（征求意见稿）》公开征求意见

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has publicly solicited opinions on the "Guidelines for Performance Benchmarking of Publicly Raised Securities Investment Funds (Draft for Comments)" which aims to enhance the regulation and standardization of performance benchmarks in the fund industry [1] Group 1: Key Content of the Guidelines - The guidelines consist of six chapters and 21 articles, emphasizing the representational role of performance benchmarks, which should reflect the core elements and investment style agreed upon in the fund contract and should not be changed arbitrarily once selected [1] - The guidelines strengthen the binding role of performance benchmarks, requiring fund managers to establish a comprehensive internal control mechanism to enhance decision-making levels and ensure the stability of investment styles [1] - The guidelines aim to standardize the evaluation role of performance benchmarks, regulating their use in salary assessments, fund sales, and fund evaluations [1] - The guidelines propose a multi-layered defense mechanism, enhancing information disclosure and supervision by fund custodians, in addition to self-regulation by fund managers [1] Group 2: Supporting Documents - The Asset Management Association of China is concurrently drafting the "Operational Guidelines for Performance Benchmarking of Publicly Raised Securities Investment Funds (Draft for Comments)" to provide further clarity on the selection, display, information disclosure, risk control, and compliance management of performance benchmarks [1]