First fund invests in europe excluding UK. Benchmarking versus a UK index is a geographical mismatch.
Second fund is a global bond fund. A UK equity index is a mismatch on both asset class (stocks vs bonds) and geography.
i need to benchmark the following two funds with FTSE ALL SHARE. will it make sense? i don't think so. but i don't know why. please anybody would like to explain to me? many thanks in advance.
1. AREUGRA:LN Artemis European Growth Fund
Fund Type: Unit Trust
Objective: European Reg. ex UK
Asset Class: Equity
Geographic Focus: European Reg. ex UK
2. JUPCBDI:LN Jupiter Corporate Bond Fund
Fund Type: Unit Trust
Objective: Foreign Corporate Bond
Asset Class: Fixed Income
Geographic Focus: Global
information is from bloomberg
