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Understanding the table

Monday, June 1, 2015 - 05:50
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THE ALTERNATIVE ROUTE: Other than the S&P 500, the MSCI World and the two bond indices, the remaining indices are considered benchmarks to measure the performance of alternative assets.

THE table at left shows how various investment indices are correlated with each other.

A high correlation (closer to 1) means that when one asset class appreciates, the other will also move up in tandem, and vice versa.

A low correlation, but still higher than zero, implies that