More than 30 funds changed their performance benchmarks within the year.
Penghua Putian Bond Fund announced that it has decided to adjust the fund's performance benchmark from the original "CSI Comprehensive Bond Index Yield" to "CITIC Comprehensive Price Index Yield" starting from May 13, 2025. Wind data shows that more than 30 funds have already changed their performance benchmarks this year. Recently, the China Securities Regulatory Commission issued the "Action Plan to Promote the High-Quality Development of Public Funds," strengthening the constraints of performance benchmarks and linking them to the revenue of fund companies and the compensation of fund managers.
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