The performance evaluation of the fund mainly includes the following aspects: 1) measure the overall performance of the fund and judge whether it exceeds the average market income; 2) Seek suitable benchmarks to evaluate the performance of the fund and judge the influence of different benchmarks on the performance evaluation results; 3) decompose the total performance of the fund and judge the investment ability of the fund manager, such as the ability of securities selection and timing judgment; 4) Total income of research fund

Whether there is continuity l According to the above research contents, the index of fund performance evaluation is mainly constructed from two aspects. For passively managed funds, it is mainly to evaluate the general income level of the market and the risk level of the fund; For actively managed funds, in addition to the above two indicators, it also includes the investment ability and luck of the fund manager. L. The investment ability of the fund manager also includes the ability to judge market timing, the ability to choose securities and the degree of portfolio diversification.