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CFA Level 2
Portfolio Management

Benchmark Selection for Growth Stock Fund

Hard Performance Evaluation Benchmark Selection

Investors often face challenges in selecting appropriate benchmarks for evaluating the performance of their portfolios. Consider the following scenario: A mutual fund manager, specializing in growth stocks, wants to assess the performance of her fund against a relevant benchmark. The fund primarily invests in mid- to large-cap companies that exhibit above-average earnings growth. Which of the following benchmarks is the most suitable for the manager's evaluation?

Hint

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% Correct90%