Gross’s unconstrained bond fund has outperformed 22% of peers | Traderszone

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Published in TZ Latest News 7 June, 2017 by The TZ Newswire Staff

Gross’s unconstrained bond fund has outperformed 22% of peers

https://www.bloomberg.com/news/arti…rket-risk-is-highest-since-before-2008-crisis

So, when someone says “outperformed 22% of peers”, is it the same as “underperformed 77% of peers”?

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