Thanks for the replies guys, I am just trying to learn stuff
QUOTE(Pink Spider @ Oct 7 2015, 10:23 AM)
Take benchmark comparison with a pinch of salt...
Let's say fund A's benchmark is X
While fund B's benchmark is XY
Both fund A and B are similar funds
Do u select B over A just because B outperformed its benchmark? Even though A's performance is comparable to B's?
Also...
Let's say the benchmark is some index...
Do u have direct access to that index?
It did say the benchmark is CS Asian Bond Corporate Total Return Index, but I have no idea what that index meant.
QUOTE(T231H @ Oct 7 2015, 10:25 AM)
Thanks, that what I meant.
The FMS analysis says that "From a performance perspective, the fund delivered a better performance on a longer term basis as it outperformed the benchmark for the three year period on a cumulative basis."
But the graph shows that RHB Asian Total Return Fund return is 45.47 while the index (CS Asian Bond Corporate Total Return Index) shows 63.39. I am totally confused by that analysis