Group 1 - The core viewpoint of the article highlights a decline in the performance benchmarks of newly issued wealth management products in China, with a significant drop observed in both open-ended and closed-ended products since the beginning of 2023 [1] Group 2 - As of the week ending April 20, a total of 624 new wealth management products were launched, with 208 being open-ended products and 416 closed-ended products [1] - The average performance benchmark for open-ended products is reported at 2.04%, reflecting a week-on-week decrease of 0.04 percentage points [1] - The average performance benchmark for closed-ended products stands at 2.59%, showing a week-on-week decline of 0.06 percentage points [1] - Year-to-date, the average performance benchmark for open-ended products has decreased from 4.01% to 2.04%, a drop of nearly 200 basis points [1] - Similarly, the average performance benchmark for closed-ended products has fallen from 3.84% to 2.59%, a reduction of 125 basis points [1]

基金频换"零件"。 "万基时代"下，基金更换业绩比较基准已不少见，但这并非孤立动作，而是基金公司为提升基金运行效率采取的众多举措之 一。其他的还有更换基金经理、更换销售或托管机构。券商中国记者发现，近期还有基金公司将旗下ETF所跟踪的指数进行了 更换。 基金业内人士在接受券商中国记者采访时直言，和更换基准、基金经理等相比，ETF更换跟踪指数较为少见，不过也都是为了 提升基金投资效率，但新指数的效果是否能显著提升则有待观察。基金产品好比基金公司的"孩子"，除"父母"外基金自身"零 部件"和对外的社会关系，只要不损害持有人利益，按照相关规定替换都是允许的。 ETF更换跟踪指数 基金变更业绩比较基准并不少见，从最新情况来看既有债券基金、混合基金等传统基金，还出现了北交所等热门基金变更基 准。 根据富荣基金4月18日公告，拟调整富荣富兴纯债基金的业绩比较基准，调整前为中债综合指数（总财富）收益率×90%+1年 期定期存款利率（税后）×10%，调整后为中债综合全价（总值）指数收益率×90%+1年期定期存款利率（税后）×10%。根 据中信建投基金公告，从4月15日中信建投北交所精选两年定开混合基金的业绩比较基准，从中证1 ...

Group 1 - The core point of the announcement is the change in the performance benchmark of the CITIC Jiantou North Exchange Selected Two-Year Regular Open Mixed Securities Investment Fund, effective from April 15, 2025 [1][2] - The original performance benchmark was: CSI 1000 Index return × 70% + Hang Seng Index return (converted using valuation exchange rate) × 10% + China Bond Composite Index return × 20% [2] - The new performance benchmark will be: North Exchange 50 Component Index return × 75% + China Bond Composite Wealth (Total Value) Index return × 20% + Hang Seng Index return (converted using valuation exchange rate) × 5% [2][3] Group 2 - The North Exchange 50 Component Index is designed to reflect the overall performance of the most representative 50 listed companies on the Beijing Stock Exchange, suitable for the equity asset investment portion of the fund [3] - The China Bond Composite Wealth (Total Value) Index reflects the overall trend of the Chinese bond market and includes a wide range of bond types, ensuring broad market representation [3] - The Hang Seng Index is recognized as a significant indicator of the price trend in the Hong Kong stock market, making it suitable for the fund's investments in Hong Kong stocks [4] Group 3 - The fund management company can adjust the performance benchmark in the future if more representative or scientifically sound benchmarks become available, or if existing benchmarks cease publication, without needing to convene a fund holder meeting [3][5] - The changes made to the fund contract and related documents have been completed in accordance with relevant laws and regulations, ensuring no substantial adverse impact on the interests of fund holders [5]