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World Equity Benchmark Series (WEBS)
The financial definition for World Equity Benchmark Series (WEBS):
The World Equity Benchmark Series are similar to SPDRs.
WEBS trade on the AMEX,
and track the Morgan Stanley Capital International (MSCI)
country indexes. WEBS are available for: Australia, Austria, Belgium, Canada,
France, Germany, Hong Kong, Italy, Japan, Malaysia Free, Mexico, the Netherlands,
Singapore, Spain, Sweden, Switzerland, and the United Kingdom.
Similar MatchesBenchmarkBenchmark The performance of a predetermined set of securities, used for comparison purposes. Such sets may be based on published indexes or may be customized to suit an investment strategy.
Benchmark errorBenchmark error Use of an inappropriate proxy for the true market portfolio.
Benchmark issueBenchmark issue Also called on-the-run or current-coupon issue or bellwether issues. In the secondary market, the benchmark issue is the most recently auctioned Treasury issues for each maturity.
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