中国加强共同基金规则,以提高准确性,减少风格波动,推动长期投资。 China strengthens mutual fund rules to improve accuracy, reduce style drift, and boost long-term investing.

中国证券监管者引入了新的规则,以加强共同基金业绩基准,目的是提高基金准确性、减少风格波动和吸引长期资本。 China’s securities regulator has introduced new rules to strengthen mutual fund performance benchmarks, aiming to improve fund accuracy, reduce style drift, and attract long-term capital. 中国证券监管委员会(中国证券监管委员会)要求制定基准,以反映基金的真正投资风格,限制经常变动,关系经理向三年内业绩不佳超过10个百分点的长期成果削减奖金支付。 The China Securities Regulatory Commission (CSRC) requires benchmarks to reflect a fund’s true investment style, limits frequent changes, and ties manager pay to long-term results—cutting bonuses for underperformance exceeding 10 percentage points over three years. 为期一年的推出允许逐渐调整。 A one-year rollout allows gradual adjustments. 改革解决了以往的基准不匹配问题,特别是在股票基金方面,提高透明度和保护投资者。 The reform addresses past benchmark mismatches, especially in equity funds, enhancing transparency and investor protection. 它支持更广泛的努力,以建立一个更高质量的基金行业。 It supports broader efforts to build a higher-quality fund industry.