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 ?
Chris Hanson suffered two triple bogeys in the final five holes in Australia
Clarke began his round in disappointing fashion with a bogey at the first, but immediately picked up a birdie at the second.
However, the 19-year-old from Sheffield hit back with a birdie on the second and remained one over par until bogeys on the 13th and 14th.
Colin Montgomerie was tied at 13th place with three holes remaining while Paul Casey was tied at 27th though the HSBC World Matchplay champion had improved on his first round display with four birdies and just one bogey after 14 holes.
From there he blasted out and two-putted for par, then took the match when Metzler three-putted for bogey.
Price had four birdies on the back nine after also picking up shots at the first and fifth, but bogeys on seven and 11 left the 2002 Ryder Cup-winning hero six shots behind Rock.
2nd Pink Dogwood 575 yards Par 5 2010 - Eagles 3, Birdies 121 Bogeys 12, Double bogeys 2 Triple bogeys or worse 2 2010 stroke average 4.
The American did not build on his early success, however, with four bogeys including three in a row after his turn, at the first, second and third, to fall to one over par.
He needed all his battling qualities on day two when a triple bogey eight at the par five third was followed by bogeys at the fourth, eighth, 10th and 11th to raise the prospect of a swift return home.
He also had two other bogeys in his opening nine to reach the turn at 41, five over for the day, dropping him back to two under.
Storm responded with consecutive birdies at the fourth and fifth but then bogeyed the seventh and ran up a double bogey at the par-three eighth.