A mutual fund`s return minus the change in the Standard & Poor`s 500 index for the same time period. A notation of -5.00 means the fund return is 5 percentage points less than the gain in the S&P, while 0.00 means that the fund and the S&P have the same return.
Found on
http://www.duke.edu/~charvey/Classes/wpg/bfglosd.htm
A mutual fund's return minus the change in the Standard & Poors 500 Index for the same time period. A notation of -5.00 means the fund return was 5 percentage points less than the gain in the S&P, while 0.00 means that the fund and the S&P had the same return.
Found on
http://www.encyclo.co.uk/local/20047
No exact match found.
