One thing I'm confused by is what the default benchmark is. It is not displayed in the benchmark selection box, but the whole report is compared against this default benchmark, and my performance shows as follows:
![Image](https://i.imgur.com/YkKVLwK.png)
I have the ability to change the benchmark but they all seem to be very specific in the list (eg US Large Cap Growth Equity), rather than something like MSCI All World. Wondering if anyone could recommend what morningstar benchmark to use, and explain what the default one is.
My performance over 3 years and 5 years looks OK against the default but I want to be sure I'm making the right comparison!!
Many thanks!