From June 1, a first group of fund houses including E Fund, ChinaAMC and
Fullgoal began revising performance benchmarks for 195 existing publicly offered
funds, covering equity, hybrid, bond, FOF and QDII products. Industry
participants say the adjustments follow a principle of altering benchmarks
rather than holdings and are unlikely to trigger widespread portfolio
rebalancing; the revisions are intended to make benchmarks more accurate
reflect funds' investment profiles and help investors screen funds more
efficiently.
