Taking the principal of 1, yuan and investment for one year as an example, the target of 4.3% of the fund's performance benchmark is finally in an ideal state, then the performance benchmark of 4.3% can be calculated as the annualized expected rate of return of 4.3%. The possible income from investment for one year = 1,× 4.3% = 43 yuan. In fact, the income may be larger than the performance benchmark or smaller than the performance benchmark.

performance comparison benchmark is generally used for net worth wealth management products, that is, the price of the product is not fixed, the product type is open, and it is a non-guaranteed floating expected income product. That is to say, banks do not promise to protect the capital or the minimum expected return. The common net worth product is the fund.

the benchmark of performance comparison is the target expected income. It is to set an appropriate profit target for the product first, and then the bank calculates the estimated expected income that investors may get according to the past performance of the product or the historical performance of the same type of product. The actual expected rate of return of the wealth management product can not be calculated through the performance comparison benchmark, but the expected income ability and investment management level of the wealth management product can be measured. This is related to the nature of net-worth wealth management products. The actual expected income of net-worth products is calculated according to the net value of unit share, and this net value can only be known on the day when the products are redeemed.

On the other hand, fund managers may modify their performance benchmark according to the actual situation due to changes in investment strategy, fund transformation, changes in tracking index and other factors. Performance comparison benchmark can also help investors to judge the investment style and other characteristics of the fund. By observing the reference index selected by the fund, investors can get a preliminary understanding of the investment style of the fund. Once this reference changes, it means that the investment style of the fund has changed, which will affect investors' income.