There is no specific standard for the valuation of active funds. Only historical valuation can be used to judge the current valuation of funds. When the current valuation of funds is lower than the historical average valuation, it means that the funds are at a low valuation, and when the current valuation of funds is higher than the historical average valuation, it means that the funds are at a high valuation.

The choice of industries and stocks for active funds is decided by the fund manager. The investment level of fund managers has a great influence on the funds, and they pursue the income beyond the market. Active funds include: monetary funds, bond funds, hybrid funds, stock funds and LOF funds.