Funny Scale

Several funds are benchmarked to obscure indices, making it impossible to measure their performance

How do we know whether a fund is doing well or not? No, it is not based on the absolute returns that a fund earns. It is based on relative returns. Funds measure their performance against an external standard. This standard is called the benchmark index. Benchmarks are the cornerstone of fund...

Premium Content
You can buy this article individually, which will give you access only to this article.
Pay Per Article Gift An Article
Already a subscriber ? Log in
Free Helpline
Legal Credit