benchmark
A benchmark is a standard or measure that a fund manager uses to compare the performance of their fund to. This is typically an index, such as the S&P/ASX 200 Index which may be used as a benchmark for large-cap Australian shares.
A benchmark is a standard or measure that a fund manager uses to compare the performance of their fund to. This is typically an index, such as the S&P/ASX 200 Index which may be used as a benchmark for large-cap Australian shares.