Q: Hi
i'm invested in zlb. When I look at the report posted on the Globe & Mail by Fund data, it gives my the percentage returns compared to a benchmark. However, the report does not say which benchmark it uses. Which benchmark do you think this is?
CALENDAR RETURN (%)
2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
FUND 9.39 -0.37 22.88 1.62 21.83 -2.78 11.09 13.04 2.67 28.54
BENCHMARK 11.75 -5.84 25.09 5.60 22.88 -8.89 9.10 21.08 -8.32 10.5
thanks
i'm invested in zlb. When I look at the report posted on the Globe & Mail by Fund data, it gives my the percentage returns compared to a benchmark. However, the report does not say which benchmark it uses. Which benchmark do you think this is?
CALENDAR RETURN (%)
2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
FUND 9.39 -0.37 22.88 1.62 21.83 -2.78 11.09 13.04 2.67 28.54
BENCHMARK 11.75 -5.84 25.09 5.60 22.88 -8.89 9.10 21.08 -8.32 10.5
thanks
5i Research Answer:
The likely benchmark is the TSX Composite - the returns mirror that of the XIC ETF.