Fond - (followed by `of' or `to') using a robust choice or liking for; "keen on chocolate"; "keen on horror movies" For most situations Regardless of the investment goal the fund manager will pick an acceptable index or mix of indices to evaluate its overall performance towards; e.g. FTSE 100. https://investition31840.newbigblog.com/37154775/detailed-notes-on-investment-fonds