Vintage Year
The vintage year refers to the year in which a fund begins investing, setting a baseline for evaluating its performance. This metric helps investors compare the returns of different funds started in the same period, considering the economic and market conditions at that time. The vintage year influences fund strategy and timing, playing a key role in understanding long-term returns and investment outcomes
Key Takeaways
- Year a fund makes its first investment.
- Crucial for benchmarking performance against peers.
- Influences fund strategies and outcomes.
- Important for comparing returns across similar funds.