The benchmark of performance comparison is determined by the average performance level of the industry. When the fund performance exceeds the industry average performance level, the fund reaches the passing line. When the performance of the fund does not exceed the average performance level of the industry, the fund will not reach the passing line.

The benchmark of fund performance refers to the lowest income standard pursued by the fund in its operation, also known as the passing line of fund performance. The benchmark of fund performance is an important index to measure the relative income of fund performance, and also reflects the investment level of fund managers from the side.