The long-term performance outlook for the Global Market Index edged higher in April.
Roughly a third of GMI’s components are projected to generate softer returns relative to their respective results over the past ten years.
GMI’s history suggests that the passive benchmark’s performance will be competitive with most active asset-allocation strategies, especially after adjusting for risk, trading costs and taxes.
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The long-term performance outlook for the Global Market Index (GMI) edged higher in April. The current 7%-plus estimate for the benchmark’s annualized return is at the top end of recent forecasts. Relative to the trailing 10-year result, however, GMI is still
