As of June 1st, a significant number of public funds in China are adjusting their performance benchmarks. This initiative, involving 195 existing funds across various types like equity, bond, and FOFs, aims to better align benchmarks with investment strategies rather than trigger portfolio changes. The primary goal is to provide investors with more accurate tools for fund selection. AI
RANK_REASON A large-scale policy change affecting numerous financial products and institutions. [lever_c_demoted from significant: ic=1 ai=0.1]
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