1. Classify funds. Different funds show different risk-return characteristics due to different investment strategies, investment scope and investment varieties. If these funds are put together and compared directly, it will directly affect the effectiveness of the rating.
2. Establish a rating model. Designing a reasonable index system and establishing an effective and feasible rating model are the key steps to evaluate funds fairly and objectively.
3. Calculate rating data. Establishing a reliable and safe database and an efficient fund rating system is the guarantee for fast and accurate calculation of rating data, and it is also the technical requirement for objective, standardized and continuous rating.
4. Divide the evaluation grades. According to the calculation results of rating indicators, formulate rating setting rules and evaluate the rating of similar funds. At present, the commonly used grade evaluation is mainly set to five grades according to the ranking range of indicators. In order to facilitate investors' intuitive understanding, star signs are sometimes used, such as "five stars" and "four stars".
5. Publish the evaluation results. Fund rating agencies shall publish the evaluation results to unspecified objects in an open manner, including through newspapers, radio stations, television stations, the Internet and other public media or lectures, reports, analysis meetings, computer terminals, telephones, faxes, e-mails and short messages.