The portfolio that contains the benchmark asset allocation against which a manager will be measured is often called _____________.
A) the bogey portfolio
B) the Vanguard Index
C) Jensen's alpha
D) the Treynor measure

Question

Quizplus · Accepted Answer

The term "bogey" is often used in finance to refer to a benchmark or target that is used for comparison purposes. Therefore, the portfolio that contains the benchmark asset allocation against which a manager will be measured is commonly referred to as the bogey portfolio. Option B is incorrect as the Vanguard index is a specific index fund offered by Vanguard, but not necessarily the benchmark asset allocation for all managers. Options C and D are measures used to evaluate investment performance, but do not refer specifically to the benchmark asset allocation portfolio.

The Portfolio That Contains the Benchmark Asset Allocation Against Which