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Barclays hopes returns will beat the cost of equity, estimated at around 11.5%, by 2016.
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Because the index represents the average return of all investors before costs, some managers will beat the index while others will underperform.
A good tortoise will beat the hare.
Only The Donald will beat The Donald.
The Steelers will beat the Broncos.
The best, will beat the rest.
Another promise is that they will meet or beat the cost of your existing system for monitoring feeds.
Does it beat the cost of owning a fund?
However, nothing beats the cost of special education.
And if Honda can't beat the Prius's mileage, it will beat its price: the 2010 Insight hatchback goes on sale this spring as America's lowest-cost hybrid, offering 41 m.p.g. for around $18,000.
And perhaps worryingly for Cadbury workers, Batstone-Carr reckons that Kraft will beat its own target for cost savings and synergies of $675m per year.
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