Lipper Average also known as Lipper Index are a series of indices produced by
Lipper, a subsidiary of
Thomson Reuters, that establish
benchmarks to measure the
performance
A performance is an act or process of staging or presenting a play, concert, or other form of entertainment. It is also defined as the action or process of carrying out or accomplishing an action, task, or function.
Performance has evolved glo ...
of a
portfolio, or of various
mutual fund
A mutual fund is an investment fund that pools money from many investors to purchase Security (finance), securities. The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV in ...
s and
exchange-traded fund
An exchange-traded fund (ETF) is a type of investment fund that is also an exchange-traded product, i.e., it is traded on stock exchanges. ETFs own financial assets such as stocks, bonds, currencies, debts, futures contracts, and/or comm ...
s. They allow an investor, a
portfolio manager, or an
institutional investor to compare the performance of their investment portfolio against other, similar investments. Historical trends, strengths and weaknesses can be evaluated.
Each index consists of the 30 largest mutual funds for each category. Investments are grouped by sector, industry, country, and market capitalization. Lipper indices enable anyone to benchmark a portfolio against other competitors, rather than against passive indices. ''
The Wall Street Journal
''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscriptio ...
'' and ''
Barron's'' carry some of the information supplied by Lipper Analytical Services on a regular basis.
"Mutual funds", ''Encyclopedia of Business and Finance, e-Notes.''
/ref>
See also
* Valuation
* Valuation using multiples
References
External links
Lipper website
"Lipper Performance Report: Performance for the 25 largest mutual funds"
Investment management
Thomson Reuters
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