The given benchmark (S&P 500) is suitable for the Index Fund based on the above points. The high number of overlapping securities, low dispersion of percentile ranks, low dispersion of securities, asset allocation, region exposure, and GICS sectors, combined with high correlation, low tracking error, consistency in style, and absence of concentrated securities, all support the suitability of the S&P 500 as a benchmark for this portfolio.
The given benchmark (S&P 500) is not suitable for the portfolio analytics of the Mid Cap Fund based on the above points. The moderate number of overlapping securities, moderate dispersion of percentile ranks, high dispersion of securities, region exposure, and GICS sectors, combined with high correlation, moderate tracking error, and differing style, all support the conclusion that the S&P 500 is not an appropriate benchmark for this portfolio.
The given benchmark (S&P 500) is not suitable for the portfolio analytics of the Small Cap Fund based on the above points. The lack of overlapping securities, high dispersion in securities, region exposure, and GICS sectors, combined with lower correlation, high tracking error, and differing style, all support the conclusion that the S&P 500 is not an appropriate benchmark for this portfolio.
The given benchmark (S&P 500) is suitable for the portfolio analytics of the Value Fund based on the above points. The substantial number of overlapping securities, moderate dispersion of percentile ranks, high dispersion of securities and GICS sectors, combined with high correlation, moderate tracking error, consistency in style, and absence of concentrated securities, all support the suitability of the S&P 500 as a benchmark for this portfolio.
The given benchmark (S&P 500) is suitable for the portfolio analytics of the Value Index Fund based on the above points. The high number of overlapping securities, moderate dispersion of percentile ranks, high dispersion of securities, region exposure, and GICS sectors, combined with high correlation, moderate tracking error, consistency in style, and absence of concentrated securities, all support the suitability of the S&P 500 as a benchmark for this portfolio.
