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M* and Index Designation

This might seem like a stupid question, but I'll ask it anyway. I clicked GLIFX on M*, and noticed that the fund is ahead of the index. WHICH INDEX? M* doesn't refer the reader to any particular index. Most likely the fund isn't comparable to an index, in which case, why would they compare it to one?

Comments

  • See M* Performance and Portfolio pages - GLIFX is in infrastructure category (XO) and the related index is M* Global Equity - Infrastructure.
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