Fund rating upgrade means that fund rating companies collect relevant information about funds, and then upgrade some developed funds according to the corresponding standards of different funds. Because the fund rating is the ranking and grading of different funds. The classification of funds is usually determined according to risks and returns. The higher the rating, the higher the profitability of the fund, the lower the risk and the higher the level of the fund manager.

Significance of fund rating

1. For investors: the fund rating represents the most basic judgment of the rating agency on the fund, and investors will refer to this indicator before investing;

2. As far as the management of the fund itself is concerned, the fund rating can supervise and constrain the fund company and its fund manager. The higher the rating, the higher the starting point, which can urge the fund manager to operate the fund better;

3. For fund managers: the fund rating can reflect the market situation, and the fund manager can flexibly adjust the fund according to the rating;

4. For the fund supervision department: the fund rating contributes to the sustained and healthy development of the fund market;

5. For the fund industry: Fund rating is an indispensable indicator for the basic industry.