has decided that most of its sector funds can be better evaluated using different benchmarks. Namely, it's settled on the Morgan Stanley Capital International (MSCI)
indices for most funds in the Select Portfolios
, Advisor Funds
series, reported Reuters
The move is pending shareholder approval. A minority of sector funds will remain with Standard & Poor's
and Goldman Sachs
indices, the current benchmarks.
Stay ahead of the news ... Sign up for our email alerts now