Bogey

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Bogey

The return an investment manager is compared to for performance evaluation.

Bogey

Informal; a benchmark.

bogey

An index whose performance an investment manager attempts to match. For example, the S&P 500 may be the bogey for the portfolio manager of an index fund.
References in periodicals archive ?
The 1991 PGA Champion, Daly bogeyed his first two holes before settling down with a pair of pars.
Faldo, fifth at the US Open in June, started his second round with an iron to six feet, bogeyed the fifth after driving into sand, but then converted a 20-foot opportunity on the next.
Mickelson made a 10-foot birdie putt on the 13th to get back to four under and led on his own when Elkington bogeyed the 15th after going from sand to rough.
The Atherstone man had birdied three and bogeyed three of the first six holes but he lies one-over.
Ulsterman Darren Clarke's hopes of surviving took another blow when he bogeyed the short third to be 10 over.
Irishman Padraig Harrington, playing ahead of Allan, dropped a shot at the last to finish one shot off the pace and Mark Roe, needing two pars to force a play-of bogeyed the 17th, so Garrido, Harrington, Roe and Atherstone's Steve Webster all shared seco nd place on 281.
He later bogeyed the 18th hole to end his title bid.
Swede Gabriel Hjertstedt bogeyed the first three holes and double-bogeyed the sixth - like Garrido he turned in 40 - while Ulsterman Darren Clarke, also making his first appearance, had to wait only until the third to drop his first stroke.
The par-4, 404-yard 17th hole - the one that vaulted eventual playoff winner Sorenstam into the lead and that Pat Hurst bogeyed Saturday - wound up toughest overall, playing to an average of 4.
On Saturday, she hit just five of 14 fairways, reached only 9 of 18 greens in regulation and bogeyed six of her last 10 holes - including the final three.
Appleby's string, which started at the fifth hole Thursday, ended Sunday when he bogeyed the par-4 No.
Gore started his round at even par, but bogeyed Nos.