Fund evaluation refers to the rating, award, ranking of individual indicators or other evaluation activities recognized by China Securities Regulatory Commission by fund evaluation institutions and their evaluators on the investment income and risk of funds or the management ability of fund managers. Fund evaluation should follow the principles of long-term, fairness, comprehensiveness, objectivity, consistency and openness, and ensure that the published fund evaluation results meet the requirements of relevant business norms.

The evaluation of the fund should at least consider the investment direction, investment scope, investment method and performance comparison benchmark agreed in the fund prospectus and fund contract, the risk-return characteristics of the fund, and the effectiveness and consistency of the fund investment decision-making system and trading system.