Question: 16.41 Mutual fund performance. Mutual funds often III compare their performance with a benchmark provided by an index that describes the performance of the class

16.41 Mutual fund performance. Mutual funds often

â– III compare their performance with a benchmark provided by an "index" that describes the performance of the class of assets in which the fund invests. For example, the Vanguard In ternational Growth Fund benchmarks its performance against the EAFE (Europe, Australasia, Far East) index. Table 16.4 gives annual returns (percent) for the fund and the index.

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