On the basis of this comparison, you might conclude that the fund manager was doing a terrible job. But you're comparing apples and oranges. A more relevant benchmark would comprise stocks that are similar to those in which the fund invests. The manager's ability to pick stocks in the small-cap growth arena may have been pretty good after all. Russell's Bellwethers Russell maintains 21 benchmark indexes that can help you determine how well your investments are performing.
Index is our most visible benchmark.
Russell maintains 17 other indexes by which to benchmark your particular funds most appropriately. Visit the index section for details of each. All rights reserved. Past performance is not a guarantee of future performance. This is a publication of Frank Russell Canada Limited.