MFDF Webinar: Benchmark(s): A Necessity, a Standard, or an Absolute?

February 4, 2020

Benchmarks, like world records, are made to be beaten, and yet approximately half of all assets flow to funds that seek to match, rather than exceed a benchmark? Join

Paul Ellenbogen, Vice President, US Regulatory and Compliance, of Broadridge Financial Solutions, Inc. as he considers the following topics:

Index funds typically seek to match a benchmark, after expenses, but due to securities lending and tracking error, not to mention zero cost funds, old formulas may no longer apply
Do benchmarks need benchmarks? Strategic or ‘smart’ beta funds track proprietary benchmarks, yet imply that their returns will somehow exceed “the market.”
What about risk? How do traditional measures of risk combine with index returns to produce “performance?”
Not all benchmarks are equally “hard to beat.” Are boards right to consider degrees of difficulty?
How much different is good? The truism that you can’t beat a benchmark by following the benchmark is valid, but how much variance is necessary or tolerable?

This webinar will broadcast live from 2:00 to 3:00 pm Eastern Time on Wednesday, February 5, 2020. Register online.