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 ?
13th Azalea 510 yards Par 5 2010 - Eagles 10, Birdies 107 Bogeys 33, Double bogeys 7, Triple bogeys or worse 1 2010 stroke average 4.
Westwood hit trouble at the most difficult hole on the course, the par-five 14th, when he three-putted for bogey to fall back to three over, Els also bogeying to return to one over, while Woods birdied.
The final day saw him start in a promising 29th overall, but while he traded three birdies with as many bogeys, it was a disastrous nine at the par five 13th that led to a second 76.
He closed with a bogey on 18 to finish three under after a 69.
Els was perfectly happy with his first drive, but got into trouble from there and was another to walk off with a double bogey.
18, on which there were two eagles, 30 birdies, 42 pars and five bogeys.
Faldo eventually putted out for a triple bogey 'six' while any bite he still had left disappeared when he dropped five shots from the sixth through to the turn.
The left-hander double-bogeyed the seventh and added bogeys at the eighth and ninth.
Gary Murphy completed the back nine in four under and three birdies and only one bogey after the turn also brought him a round of 66.
While Woods posted the clubhouse target at two under par - he added a 68 to his Saturday 66 - Phil Mickelson had four bogeys in five holes around the turn and handed Australian Steve Elkington a two-stroke lead at five-under.