| What is meant by “benchmark” return? |
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| Written by Wilfred Ling | |
| Saturday, 27 June 2009 | |
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A "benchmark" is the how a fund manager is judged against. It is often a market index such as S&P500, STI or MSCI World index, etc. If a fund manager can consistently outperform the index, it means the fund manager is good otherwise the investor is better off investing in the benchmark itself using index funds. |
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