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What is VAMI?

April 26, 2017vami

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What is VAMI?

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A Value Added Monthly Index (VAMI) table, is the industry standard for evaluating the performance of investment managers. It indicates the value a manager has added to an investment via a cumulative index and because it excludes non trading expenses such as tax, it can be used to compare investment managers around the world. The column headed “VAMI” within a table shows how an initial $1000 investment has grown over time.