The new method has overcomed the shortcomings of the Expectation-Variance method and Sharpe's Index method, and avoids the inconvenience of constructing utility function to a certain extent as well.

该方法既克服了期望值-差法和夏普指数法的不足，又在一定程度上避免了效用函数构造的困难。

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A General Risk-adjusted performance method is introduced, it considers investors utility function and can explanation former fund performance indexes.

论文最后提出了一种广义风险绩效指标，它将投资者的效用函数引入基金评估中，并可以涵盖以前学者们所提出的指标。

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