Task: Class Definition Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes 'portfolio benchmark'?

A. person or entity responsible for day to day investment decisions for a fund or asset
B. summary (means, mode, total, index, etc.) of the individual quantitative variable values for the statistical units in a specific group (study domain)
C. Security or other price against which the performance of the portfolio is evaluated.
D. something that reproduces or supplies one or more quantities, each with an assigned quantity value

Answer: Security or other price against which the performance of the portfolio is evaluated.