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 ?
Ernie Els led on the final day before missing the green to the left and bogeying the sixth.
Sorenstam, playing in the group behind Myers on Sunday, never got within two strokes after bogeying No.
Forced into a playoff, Perry hooked his tee shot again on 18 and wasted a shot trying to get out of the rough, bogeying the hole again.