Bogey

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Bogey

The return an investment manager is compared to for performance evaluation.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Bogey

Informal; a benchmark.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Either side of a 39-minute thunderstorm stoppage at Baltusrol the duo had a double bogey and 13 bogeys between them.
Charng-Tai Sudsom, another Thai, stood in second three shots behind after mixing five birdies with three bogeys in a 70, with Aussie Jack Sullivan tying Mondilla at 71 after draining three of his five birdies in his last seven holes.
There was then a three-shot swing in the Scot's favour on the short 16th as bunker trouble saw American Lipsky run up a double bogey, while Jamieson curled in his eight-foot birdie putt to jump to 11 under.
Paisley hadn't really got to grips with the course, but put a break on the bogeys at the par-five 15th with a par.
Lee Min-jee hit a 2-under 70, mixing six birdies with two bogeys and a double-bogey to share third place.
A bogey on the 10th looked costly when Shabbir hit a birdie and Shahid made a par but that was that.
Mia Piccio, who turned in an impressive 69 in the first round, hit five birdies but made four bogeys and a double bogey for a 73.
McIlroy double bogeyed 14 and bogeyed the last for a poor 74.
He dropped a shot at the par four-first hole, pulled one back at the third, but bogeyed the fourth and seventh, recovered one at the ninth, to cross to the back nine with one over par.He fired two back-to-back birdies from the 11th to the 12th and added one at the 15th, though Snow dropped two successive shots from the 16th for a level par 72 and a three rounds total of four under par 212 to lead by the narrow margin of one shot from home pro Riz Charania who carded two over par 74 for 213.Birdies became so elusive for the Windsor resident pro Charania and bogeyed the 13th and 17th and parred the rest of the holes.
The 14-times Major winner began with a birdie on his back nine followed by a string of three consecutive pars that was broken at the par-four fifth with another bogey and he finished par, bogey, birdie, par.
Lahiri, who is playing his rookie season on the PGA Tour, had two double bogeys in his first four holes and never recovered.
Starting on the 10th in Australia, Hanson fired a birdie and two pars to get under way solidly, but he then followed with two successive bogeys before another birdie to be level after six.