Fund rating refers to the collection of relevant information by fund institutions, and the ranking of funds according to the expectation of returns and risks through qualitative and quantitative analysis according to certain inspection standards. Then the star rating of the fund is generally 1 to 5 stars, and 5 stars is the highest level.
The authority of fund rating agencies is credible. According to the regulations of China Asset Management Association, domestic rating agencies can engage in fund rating, including Morningstar Information, Tianxiang Investment, Ji 'an Jin Xin, Galaxy Securities, China Merchants Securities, Shanghai Securities and Haitong Securities.