Group 1 - The core viewpoint emphasizes the importance of a well-defined performance benchmark for mutual funds, which serves as a reference point for investors to assess fund performance [1][2] - The article outlines three main areas for strengthening benchmarks: ensuring benchmarks match the fund's investment strategy, timely adjustments to benchmarks when investment styles change, and clear disclosure of benchmark composition and performance comparisons in fund reports [2] - The significance of this benchmark enhancement is highlighted, as it will provide investors with a reliable standard for making informed decisions, encourage fund companies to focus on improving research capabilities, and ultimately foster greater trust in the mutual fund industry, leading to a shift towards long-term value creation [2]