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Investing Glossary:
Graham-Harvey Measure 2
Copyright 2010,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Performance measure developed by John Graham and Campbell Harvey. The idea is to lever the S&P 500 Portfolio to exactly match the volatility of the fund. The difference between the fund`s Return and the levered S&P 500 return is the performance measure.
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