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Performance Measurement with Factor Mode...

Evans, Richard B.

Technical Note

Performance Measurement with Factor Models

Evans, Richard B.

F-1673 | Published August 14, 2012 | 9 pages Technical Note

Collection: Darden School of Business

Product Details

Identifying an appropriate benchmark is an essential step in assessing a manager's performance. In the prospectus or fund advertising materials, a benchmark for the fund is typically identified, and the performance of the fund relative to that benchmark is given. The issue of concern is whether or not the benchmark provided has a similar risk profile to the fund.

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