Fund performance evaluation is a fair and objective evaluation of fund managers' investment ability on the premise of excluding the general market rate of return, market risk and profit contingencies of funds.

(a) the investment objectives of the fund

With different investment objectives, the investment scope, operation strategy and investment constraints of the fund are also different.

(2) The risk level of the fund

It is necessary to measure the performance of the fund on the basis of risk-adjusted global and online schools.

(3) comparison benchmark

In the relative comparison of funds, we must pay attention to the reasonable choice of comparison benchmark.

(d) Timing

The starting time of calculation is different from the selected calculation period, so the measurement results of securities qualification are also different.

(e) Stability of the Fund's investment portfolio