Recently, the release of the “Action Plan to Promote the High-Quality Development of Public Funds” became a major event in the industry. Among them, “highlighting and enhancing the stability of fund investment behavior” is one of the priorities for promoting the high-quality development of public funds, and has received a lot of attention from institutions. The “Action Plan” proposes to set clear performance comparison benchmarks for each fund product in response to issues such as “style drift” and “incorrect product” of the fund. Supervise fund companies to fully implement long-term assessments, making it clear that the assessment weight for more than three years is not less than 80%... In an interview with reporters, many public fundraisers said that this measure will help restrain fund investment behavior, urge investments to abide by the spirit of contracts, reduce previous fund style drift within the industry, and create a fairer environment for fund managers' performance competition. Regarding the long-term assessment, many fund managers said that under this model, they may be able to “reduce the burden”, get rid of short-term market sentiment games and the problem of “watching rankings every day”, calm down and adhere to long-term investment and value investment concepts, and return investment to a more rational state.

Recently, the release of the “Action Plan to Promote the High-Quality Development of Public Funds” became a major event in the industry. Among them, “highlighting and enhancing the stability of fund investment behavior” is one of the priorities for promoting the high-quality development of public funds, and has received a lot of attention from institutions. The “Action Plan” proposes to set clear performance comparison benchmarks for each fund product in response to issues such as “style drift” and “incorrect product” of the fund. Supervise fund companies to fully implement long-term assessments, making it clear that the assessment weight for more than three years is not less than 80%... In an interview with reporters, many public fundraisers said that this measure will help restrain fund investment behavior, urge investments to abide by the spirit of contracts, reduce previous fund style drift within the industry, and create a fairer environment for fund managers' performance competition. Regarding the long-term assessment, many fund managers said that under this model, they may be able to “reduce the burden”, get rid of short-term market sentiment games and the problem of “watching rankings every day”, calm down and adhere to long-term investment and value investment concepts, and return investment to a more rational state.