The two main comparison methods to measure the relative performance of funds are group comparison method and benchmark comparison method.

Fund, in English, refers to a certain amount of funds set up for a certain purpose. It mainly includes provident fund, trust and investment fund, insurance fund, retirement fund and various foundation funds. From the accounting point of view, capital is a narrow concept, which refers to funds with specific purposes and uses.

The fund we are talking about mainly refers to the securities investment fund. General funds mainly invest in large-cap blue-chip stocks, and when calculating the Shanghai Composite Index, large-cap blue-chip stocks also account for a great weight, so the decline and rise of funds are generally related to the decline and rise of the Shanghai Composite Index.

However, it is different for different funds. Some funds are closely related to the Shanghai Composite Index, others are irrelevant, and even some funds can rise when the market falls, depending on what stocks the fund holds.

Money market funds refer to funds that invest in short-term securities in the money market. The assets of the Fund are mainly invested in short-term monetary instruments, such as treasury bills, commercial paper, bank time deposit certificates, government short-term bonds, corporate bonds and other short-term securities.

Since the appearance of the first monetary fund in 2003, the scale of domestic monetary funds has reached 4957.1300 million yuan, among which there are many ones with excellent performance and yield exceeding the one-year benchmark, such as Haifutong Monetary Fund. At the same time, the proportion of individual investors in the investment structure of such funds is gradually increasing.