At 0-40 down and serving for the set, he looked less than accomplished however, until two forehand winners and a returnerror from the Spaniard drew the game level.
Callaway argued that the KPMG approach was needed only if it had committed an error in setting up the fund--and that a change in return estimates wasn't an error.
The expectation that an index fund will get EXACTLY the return of the target index sets the stage for an interesting problem: Zero tracking error is achievable, but it comes at a very high price.