Performance comparison benchmark is an important criterion for investors to evaluate the performance of fund management companies.
The fund's performance comparison benchmark is to define an appropriate benchmark portfolio for the fund. By comparing the fund's return rate with the return rate of the performance comparison benchmark, the fund's performance can be measured.
What does the performance benchmark 3.9% mean? It is an expected target performance, with a rate of return of 3.9%/year.
And use this as a benchmark for actual performance comparison.