Bogey(redirected from bogy)
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The return an investment manager is compared to for performance evaluation.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Informal; a benchmark.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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.