There were seventeen categories of equity mutual funds and they compared the dollar-weighted to the time-weighted returns.

其中一共是17种股权共同基金,将它们的货币加权回报率,和时间加权回报率进行比较

耶鲁公开课 - 金融市场课程节选

For the ten years ended June 30,2005, it returned 9.9% per year and then the average return for the actively managed equity fund was 9.6% per year, so we're back to that thirty basis points.

截至2005年6月30日的10年间,该指数年收益率为9.9%,而主动管理型股权基金的年平收益率为9.6%,我们落后30个基点

耶鲁公开课 - 金融市场课程节选