The benchmark index is down 1.1% in 2011, even after a second day of gains Wednesday.
The benchmark index finished down 1.1% at 2191.15, its ninth loss in 10 sessions.
Corporate news provided some optimism and helped keep the benchmark index in the black.
Still, Mr. Gross's fund continues to beat the benchmark index on three-, five-, 10- and 15-year periods.
The benchmark index rose 3.6% to 14, 180 on its first day of trading after the Golden Week holiday.
The fund has returned 7.22% annually over the past 15 years, compared with 6.32% from the benchmark index.
The fund has about 7% weighting to Gazprom and is below its benchmark index, the MSCI Russia index.
FORBES: Russia's Gazprom 2010 Earnings Beat Chevron, ExxonMobil
Despite the flooding, the 30-share benchmark index of the Bombay Stock Exchange hit a record high on Tuesday.
Only 23% of your Global Fund is in U.S. equities, down from your own benchmark index weighting of 40%.
The wider Hang Seng benchmark index finished 0.4% lower, tracking similar losses for the other major markets across region.
However, within the benchmark index, the sector is still up 1.21% for July.
FORBES: Consumer Stocks Tell The Tale: Shoppers Are Still Buying
Material shares, down 1.4%, led declines in five of the benchmark index's 10 industry sectors as gold entered bear-market territory.
Its shares ended 2.6% down at 330.50 rupees on the Bombay Stock Exchange, where the benchmark index closed 0.6% lower.
The London stockmarket's benchmark index, the FTSE 100, at one point dropped more than 2.2% before recovering during the afternoon.
As of Wednesday, the Philippines's benchmark index had gained 27% this year, while those in Indonesia and Thailand had both gained 17%.
WSJ: Asian Pay Television Poised to Raise $1.1 Billion in Singapore IPO
Returns during the actual conflict period averaged 25.1% below the benchmark index.
FORBES: Is There Ever A Good Time To Invest In War Torn Countries? Study Finds Out
They closed 2.9% lower at 8.34 rupees (15 U.S. cents) on the Bombay Stock Exchange, underperforming a 0.1% rise in the benchmark index.
The average conflict country experienced returns that were 26.6% greater than the benchmark index in the period immediately following the end of overt war.
FORBES: Is There Ever A Good Time To Invest In War Torn Countries? Study Finds Out
Indonesia's benchmark index has gained 12% this year, making it one of the region's best performers, while Singapore's Straits Times Index has risen 4.15%.
The Shanghai Composite, the benchmark index, fell briefly to 1, 999 points, a level it had first reached more than 12 years ago (see chart).
Currency-only hedge funds made a 6% loss in 2011 and a gain of just 0.8% in 2012, according to a benchmark index run by fund-of-funds manager Parker Global Strategies LLC.
WSJ: Strong Start to 2013 Hints at Revival for Currency Funds
Thanks to a roaring stock market whose benchmark index was up 53% in the past year and a strong rupee that appreciated 12%, for the first time all Indian rich listers are billionaires.
The Nikkei's 69% rise since mid-November, including 18% since the BOJ announced its stimulus plan, has left brokers scrambling to revise their forecasts, with many now saying the benchmark index will reach 16000 by year-end.
This time around, writes Colas, all sectors moved up pretty much in lockstep with the benchmark index, expressing a much higher correlation (the trend that stocks will move up alongside external market movements, but not necessarily as a direct result of them) than usual.
While active investment involves an asset manager making investments with the aim of outperforming a benchmark index, passive investment requires an asset manager to replicate the benchmark index by incorporating the constituent assets in similar proportions (weights) and thereby matching the returns of the index.
FORBES: BlackRock Priced A Bit Too Richly With Passive Investing So Popular
Elsewhere in Asia, Japan's benchmark Nikkei index slipped as the yen gained ground against the dollar.
Now compare that to Shanghai in the same time, Shanghai's benchmark composite index rose 130 percent.
The benchmark Italian index fell 3.8% and is now near its lows of last September.
In Europe, Germany's benchmark DAX index sunk a significant 10.8%, while France's CAC40 fell 10.0%.
应用推荐