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Apr 28, 2016
What Investors Need To Know About Benchmark Indices
A benchmark index is a standard group of investments that can be a useful tool to measure the performance of other investments. They are frequently referenced in the investment world.
For example:
The profile of a mutual fund on the Globe Investor website shows the returns of an “Index” alongside the fund returns;
The description of an exchange-traded fund (ETF) states that the ETF seeks to track the...