Smith & Williamson Absolute Return

SUMMARY



Fund Overview
Fund Type FT Offshore Funds
Unit Type Income
Status Ireland FSA Recognised
Sector Uncategorised Offshore
Launch Date 31/01/2001
Currency Sterling (GBP)
Domicile Ireland
ISIN IE0030699569
SEDOL 3116830
MEXID WLDUB
Investing in the Fund
Initial Charge 5.00%
Annual Charge 1.50%
Exit Charge -
Min. Initial Investment 5000.00 GBP
Min. Additional Investment -
Min. Regular Investment -
UK ISA yes
CAT Standard no
UK PEP yes
   
 
Contact Information  
 
Fund Management Group Smith & Williamson Website www.Smith.Williamson.co.uk
Fund Management Company Smith & Williamson Investment Funds (IRL) Email -
Fund Manager Chris Lynas / Ian Kenny Telephone 020 7131 8100
Fax -
 

PERFORMANCE

Smith & Williamson Absolute Return 11%Smith & Williamson Absolute Return 11%Smith & Williamson Absolute Return 11%Smith & Williamson Absolute Return 9.17%Smith & Williamson Absolute Return 9.17%Smith & Williamson Absolute Return 8.16%Smith & Williamson Absolute Return 9.07%Smith & Williamson Absolute Return 9.07%Smith & Williamson Absolute Return 9.88%Smith & Williamson Absolute Return 9.88%Smith & Williamson Absolute Return 12.42%Smith & Williamson Absolute Return 12.42%Smith & Williamson Absolute Return 12.32%Smith & Williamson Absolute Return 11.27%Smith & Williamson Absolute Return 11.27%Smith & Williamson Absolute Return 10.01%Smith & Williamson Absolute Return 10.01%Smith & Williamson Absolute Return 10.29%Smith & Williamson Absolute Return 10.29%Smith & Williamson Absolute Return 7.95%Smith & Williamson Absolute Return 8.79%Smith & Williamson Absolute Return 8.79%Smith & Williamson Absolute Return 8.86%Smith & Williamson Absolute Return 8.51%Smith & Williamson Absolute Return 6.81%Smith & Williamson Absolute Return 6.81%Smith & Williamson Absolute Return 5.7%Smith & Williamson Absolute Return 2.45%Smith & Williamson Absolute Return 2.45%Smith & Williamson Absolute Return 1.35%Smith & Williamson Absolute Return 0.31%Smith & Williamson Absolute Return 1.02%Smith & Williamson Absolute Return 1.02%Smith & Williamson Absolute Return 1.76%Smith & Williamson Absolute Return 2.4%Smith & Williamson Absolute Return 2.4%Smith & Williamson Absolute Return 2.6%Smith & Williamson Absolute Return 2.6%Smith & Williamson Absolute Return 1.7%Smith & Williamson Absolute Return 1.7%Smith & Williamson Absolute Return 1.26%Smith & Williamson Absolute Return 3.45%Smith & Williamson Absolute Return 3.45%Smith & Williamson Absolute Return 3.01%Smith & Williamson Absolute Return 3.01%Smith & Williamson Absolute Return 2.82%Smith & Williamson Absolute Return 2.82%Smith & Williamson Absolute Return 2.82%Smith & Williamson Absolute Return 2.82%Smith & Williamson Absolute Return 2.82%Smith & Williamson Absolute Return 2.82%Smith & Williamson Absolute Return 2.82%Smith & Williamson Absolute Return 2.12%Smith & Williamson Absolute Return 2.81%Smith & Williamson Absolute Return 2.29%Smith & Williamson Absolute Return 2.33%Smith & Williamson Absolute Return 2.33%Smith & Williamson Absolute Return 4.55%Smith & Williamson Absolute Return 4.55%Smith & Williamson Absolute Return 4.55%Smith & Williamson Absolute Return 4.55%Smith & Williamson Absolute Return 5.14%Smith & Williamson Absolute Return 5.14%Smith & Williamson Absolute Return 5.14%Smith & Williamson Absolute Return 4.24%Smith & Williamson Absolute Return 4.24%Smith & Williamson Absolute Return -3.42%Smith & Williamson Absolute Return -3.42%Smith & Williamson Absolute Return -1.86%Smith & Williamson Absolute Return 0.7%Smith & Williamson Absolute Return 0.7%Smith & Williamson Absolute Return 0.25%Smith & Williamson Absolute Return 0.25%Smith & Williamson Absolute Return -2.99%Smith & Williamson Absolute Return -2.99%Smith & Williamson Absolute Return -2.12%Smith & Williamson Absolute Return -0.38%Smith & Williamson Absolute Return -0.38%Smith & Williamson Absolute Return 3.52%Smith & Williamson Absolute Return 3.52%Smith & Williamson Absolute Return 2.7%Smith & Williamson Absolute Return 2.7%Smith & Williamson Absolute Return 3.96%Smith & Williamson Absolute Return 4.15%Smith & Williamson Absolute Return 4.15%Smith & Williamson Absolute Return 3.07%Smith & Williamson Absolute Return 3.07%Smith & Williamson Absolute Return 1.41%Smith & Williamson Absolute Return 1.41%Smith & Williamson Absolute Return 3.18%Smith & Williamson Absolute Return 1.24%Smith & Williamson Absolute Return 1.24%Smith & Williamson Absolute Return 0%MSCI The World Index 27.71%MSCI The World Index 27.71%MSCI The World Index 26.54%MSCI The World Index 27.02%MSCI The World Index 27.35%MSCI The World Index 24.49%MSCI The World Index 22.07%MSCI The World Index 22.14%MSCI The World Index 25.61%MSCI The World Index 27.76%MSCI The World Index 27.33%MSCI The World Index 28%MSCI The World Index 25.93%MSCI The World Index 23.97%MSCI The World Index 20.99%MSCI The World Index 25.31%MSCI The World Index 24.71%MSCI The World Index 26.3%MSCI The World Index 26.03%MSCI The World Index 23.89%MSCI The World Index 22.1%MSCI The World Index 20.53%MSCI The World Index 21.51%MSCI The World Index 22.04%MSCI The World Index 21.07%MSCI The World Index 17.94%MSCI The World Index 19.4%MSCI The World Index 18.24%MSCI The World Index 19.63%MSCI The World Index 18.9%MSCI The World Index 17.09%MSCI The World Index 15.57%MSCI The World Index 13.02%MSCI The World Index 10.94%MSCI The World Index 7.11%MSCI The World Index 4.45%MSCI The World Index 6.95%MSCI The World Index 7.59%MSCI The World Index 9.08%MSCI The World Index 7.7%MSCI The World Index 9.54%MSCI The World Index 9.05%MSCI The World Index 12.84%MSCI The World Index 11.43%MSCI The World Index 11.49%MSCI The World Index 9.64%MSCI The World Index 8.13%MSCI The World Index 6.91%MSCI The World Index 8.89%MSCI The World Index 6.02%MSCI The World Index 8.9%MSCI The World Index 8.42%MSCI The World Index 4.71%MSCI The World Index 3.35%MSCI The World Index 3.08%MSCI The World Index 0.92%MSCI The World Index 3.5%MSCI The World Index 1.47%MSCI The World Index 1.2%MSCI The World Index -0.0017%MSCI The World Index -3.73%MSCI The World Index -3.14%MSCI The World Index -3.86%MSCI The World Index -7.81%MSCI The World Index -9.27%MSCI The World Index -11.09%MSCI The World Index -16.91%MSCI The World Index -13.6%MSCI The World Index -10.69%MSCI The World Index -9.05%MSCI The World Index -8.43%MSCI The World Index -2.16%MSCI The World Index -1.47%MSCI The World Index 1.97%MSCI The World Index -0.85%MSCI The World Index -1.63%MSCI The World Index -0.42%MSCI The World Index -2.75%MSCI The World Index 0.23%MSCI The World Index -0.42%MSCI The World Index 6.11%MSCI The World Index 8.16%MSCI The World Index 8.77%MSCI The World Index 5.02%MSCI The World Index 2.57%MSCI The World Index 2.66%MSCI The World Index 4.1%MSCI The World Index 2.92%MSCI The World Index 5.42%MSCI The World Index 0.25%MSCI The World Index -0.31%MSCI The World Index 5.06%MSCI The World Index 0%
 
COMPARE WITH  
  Add a sector benchmark and/or a market index to the chart above.  
 
  Sector  
  Market Index  
  Timeframe:  

  The Breakdown  
   
 
CUMULATIVE PERFORMANCE Performance to: 23/11/2009
% Return 1 MTD 3 MTD 6 MTD 1 Year 3 Year 5 Year YTD
Smith & Williamson Absolute Return +1.02 +3.92 +7.96 +11.00 -1.46 +23.45 +6.77

DISCRETE CALENDAR YEAR PERFORMANCE
% Return 2004 2005 2006 2007 2008
Smith & Williamson Absolute Return +7.45 +17.11 +4.20 +9.41 -15.50

DISCRETE QUARTERLY ONE YEAR PERFORMANCE
% Return 30/09/04 to 30/09/05 30/09/05 to 30/09/06 30/09/06 to 30/09/07 30/09/07 to 30/09/08 30/09/08 to 30/09/09
Smith & Williamson Absolute Return +33.07 +8.52 +9.79 -10.75 +3.19

HISTORY

  Smith & Williamson Absolute Return 109.3 11-2009Smith & Williamson Absolute Return 109.3 11-2009Smith & Williamson Absolute Return 109.3 11-2009Smith & Williamson Absolute Return 109.3 11-2009Smith & Williamson Absolute Return 109.3 11-2009Smith & Williamson Absolute Return 107.5 11-2009Smith & Williamson Absolute Return 107.5 11-2009Smith & Williamson Absolute Return 107.5 11-2009Smith & Williamson Absolute Return 107.5 11-2009Smith & Williamson Absolute Return 106.51 11-2009Smith & Williamson Absolute Return 106.51 11-2009Smith & Williamson Absolute Return 106.51 11-2009Smith & Williamson Absolute Return 106.51 11-2009Smith & Williamson Absolute Return 107.4 11-2009Smith & Williamson Absolute Return 107.4 11-2009Smith & Williamson Absolute Return 107.4 10-2009Smith & Williamson Absolute Return 107.5 10-2009Smith & Williamson Absolute Return 108.2 10-2009Smith & Williamson Absolute Return 108.2 10-2009Smith & Williamson Absolute Return 108.2 10-2009Smith & Williamson Absolute Return 108.2 10-2009Smith & Williamson Absolute Return 110.7 10-2009Smith & Williamson Absolute Return 110.7 10-2009Smith & Williamson Absolute Return 110.7 10-2009Smith & Williamson Absolute Return 110.6 10-2009Smith & Williamson Absolute Return 110.6 10-2009Smith & Williamson Absolute Return 110.6 10-2009Smith & Williamson Absolute Return 110.6 10-2009Smith & Williamson Absolute Return 109.57 10-2009Smith & Williamson Absolute Return 109.57 10-2009Smith & Williamson Absolute Return 109.57 10-2009Smith & Williamson Absolute Return 109.57 09-2009Smith & Williamson Absolute Return 108.33 09-2009Smith & Williamson Absolute Return 108.33 09-2009Smith & Williamson Absolute Return 108.33 09-2009Smith & Williamson Absolute Return 108.33 09-2009Smith & Williamson Absolute Return 108.6 09-2009Smith & Williamson Absolute Return 108.6 09-2009Smith & Williamson Absolute Return 108.6 09-2009Smith & Williamson Absolute Return 108.6 09-2009Smith & Williamson Absolute Return 106.3 09-2009Smith & Williamson Absolute Return 106.3 09-2009Smith & Williamson Absolute Return 106.3 09-2009Smith & Williamson Absolute Return 106.3 09-2009Smith & Williamson Absolute Return 106.3 09-2009Smith & Williamson Absolute Return 107.13 09-2009Smith & Williamson Absolute Return 107.13 09-2009Smith & Williamson Absolute Return 107.13 09-2009Smith & Williamson Absolute Return 107.13 09-2009Smith & Williamson Absolute Return 107.2 09-2009Smith & Williamson Absolute Return 107.2 08-2009Smith & Williamson Absolute Return 107.2 08-2009Smith & Williamson Absolute Return 106.85 08-2009Smith & Williamson Absolute Return 105.18 08-2009Smith & Williamson Absolute Return 105.18 08-2009Smith & Williamson Absolute Return 105.18 08-2009Smith & Williamson Absolute Return 105.18 08-2009Smith & Williamson Absolute Return 104.08 08-2009Smith & Williamson Absolute Return 104.08 08-2009Smith & Williamson Absolute Return 104.08 08-2009Smith & Williamson Absolute Return 104.08 08-2009Smith & Williamson Absolute Return 100.88 08-2009Smith & Williamson Absolute Return 100.88 08-2009Smith & Williamson Absolute Return 100.88 08-2009Smith & Williamson Absolute Return 100.88 08-2009Smith & Williamson Absolute Return 100.88 08-2009Smith & Williamson Absolute Return 99.8 08-2009Smith & Williamson Absolute Return 99.8 08-2009Smith & Williamson Absolute Return 99.8 07-2009Smith & Williamson Absolute Return 98.78 07-2009Smith & Williamson Absolute Return 99.48 07-2009Smith & Williamson Absolute Return 99.48 07-2009Smith & Williamson Absolute Return 99.48 07-2009Smith & Williamson Absolute Return 99.48 07-2009Smith & Williamson Absolute Return 100.2 07-2009Smith & Williamson Absolute Return 100.2 07-2009Smith & Williamson Absolute Return 100.2 07-2009Smith & Williamson Absolute Return 100.2 07-2009Smith & Williamson Absolute Return 100.83 07-2009Smith & Williamson Absolute Return 100.83 07-2009Smith & Williamson Absolute Return 100.83 07-2009Smith & Williamson Absolute Return 101.03 07-2009Smith & Williamson Absolute Return 101.03 07-2009Smith & Williamson Absolute Return 101.03 07-2009Smith & Williamson Absolute Return 101.03 07-2009Smith & Williamson Absolute Return 101.03 07-2009Smith & Williamson Absolute Return 102.61 06-2009Smith & Williamson Absolute Return 101.5 06-2009Smith & Williamson Absolute Return 101.5 06-2009Smith & Williamson Absolute Return 101.5 06-2009Smith & Williamson Absolute Return 101.06 06-2009Smith & Williamson Absolute Return 101.06 06-2009Smith & Williamson Absolute Return 101.06 06-2009Smith & Williamson Absolute Return 101.06 06-2009Smith & Williamson Absolute Return 103.24 06-2009Smith & Williamson Absolute Return 103.24 06-2009Smith & Williamson Absolute Return 103.24 06-2009Smith & Williamson Absolute Return 103.24 06-2009Smith & Williamson Absolute Return 102.8 06-2009Smith & Williamson Absolute Return 102.8 06-2009Smith & Williamson Absolute Return 102.8 06-2009Smith & Williamson Absolute Return 102.61 06-2009Smith & Williamson Absolute Return 102.61 05-2009Smith & Williamson Absolute Return 102.61 05-2009Smith & Williamson Absolute Return 102.61 05-2009Smith & Williamson Absolute Return 102.61 05-2009Smith & Williamson Absolute Return 102.61 05-2009Smith & Williamson Absolute Return 102.61 05-2009Smith & Williamson Absolute Return 102.61 05-2009Smith & Williamson Absolute Return 102.61 05-2009Smith & Williamson Absolute Return 102.61 05-2009Smith & Williamson Absolute Return 102.61 05-2009Smith & Williamson Absolute Return 102.61 05-2009Smith & Williamson Absolute Return 102.61 05-2009Smith & Williamson Absolute Return 102.61 05-2009Smith & Williamson Absolute Return 102.61 05-2009Smith & Williamson Absolute Return 102.61 05-2009Smith & Williamson Absolute Return 101.92 05-2009Smith & Williamson Absolute Return 101.92 05-2009Smith & Williamson Absolute Return 101.92 04-2009Smith & Williamson Absolute Return 102.09 04-2009Smith & Williamson Absolute Return 102.09 04-2009Smith & Williamson Absolute Return 102.09 04-2009Smith & Williamson Absolute Return 102.09 04-2009Smith & Williamson Absolute Return 102.13 04-2009Smith & Williamson Absolute Return 102.13 04-2009Smith & Williamson Absolute Return 102.13 04-2009Smith & Williamson Absolute Return 102.13 04-2009Smith & Williamson Absolute Return 104.34 04-2009Smith & Williamson Absolute Return 104.34 04-2009Smith & Williamson Absolute Return 104.34 04-2009Smith & Williamson Absolute Return 104.34 04-2009Smith & Williamson Absolute Return 104.34 04-2009Smith & Williamson Absolute Return 104.34 04-2009Smith & Williamson Absolute Return 104.34 04-2009Smith & Williamson Absolute Return 104.03 03-2009Smith & Williamson Absolute Return 104.93 03-2009Smith & Williamson Absolute Return 104.93 03-2009Smith & Williamson Absolute Return 104.93 03-2009Smith & Williamson Absolute Return 104.93 03-2009Smith & Williamson Absolute Return 104.93 03-2009Smith & Williamson Absolute Return 104.93 03-2009Smith & Williamson Absolute Return 104.93 03-2009Smith & Williamson Absolute Return 104.03 03-2009Smith & Williamson Absolute Return 104.03 03-2009Smith & Williamson Absolute Return 104.03 03-2009Smith & Williamson Absolute Return 104.03 03-2009Smith & Williamson Absolute Return 96.39 03-2009Smith & Williamson Absolute Return 96.39 03-2009Smith & Williamson Absolute Return 96.39 03-2009Smith & Williamson Absolute Return 96.39 03-2009Smith & Williamson Absolute Return 97.94 03-2009Smith & Williamson Absolute Return 97.94 02-2009Smith & Williamson Absolute Return 97.94 02-2009Smith & Williamson Absolute Return 99.74 02-2009Smith & Williamson Absolute Return 100.5 02-2009Smith & Williamson Absolute Return 100.5 02-2009Smith & Williamson Absolute Return 100.5 02-2009Smith & Williamson Absolute Return 100.5 02-2009Smith & Williamson Absolute Return 100.05 02-2009Smith & Williamson Absolute Return 100.05 02-2009Smith & Williamson Absolute Return 100.05 02-2009Smith & Williamson Absolute Return 100.05 02-2009Smith & Williamson Absolute Return 96.82 02-2009Smith & Williamson Absolute Return 96.82 02-2009Smith & Williamson Absolute Return 96.82 02-2009Smith & Williamson Absolute Return 96.82 02-2009Smith & Williamson Absolute Return 97.68 02-2009Smith & Williamson Absolute Return 97.68 01-2009Smith & Williamson Absolute Return 97.68 01-2009Smith & Williamson Absolute Return 97.86 01-2009Smith & Williamson Absolute Return 99.42 01-2009Smith & Williamson Absolute Return 99.42 01-2009Smith & Williamson Absolute Return 99.42 01-2009Smith & Williamson Absolute Return 99.42 01-2009Smith & Williamson Absolute Return 103.31 01-2009Smith & Williamson Absolute Return 103.31 01-2009Smith & Williamson Absolute Return 103.31 01-2009Smith & Williamson Absolute Return 103.31 01-2009Smith & Williamson Absolute Return 103.31 01-2009Smith & Williamson Absolute Return 102.49 01-2009Smith & Williamson Absolute Return 102.49 01-2009Smith & Williamson Absolute Return 102.49 01-2009Smith & Williamson Absolute Return 102.49 01-2009Smith & Williamson Absolute Return 105.49 01-2009Smith & Williamson Absolute Return 105.49 01-2009Smith & Williamson Absolute Return 105.49 01-2009Smith & Williamson Absolute Return 105.49 12-2008Smith & Williamson Absolute Return 105.68 12-2008Smith & Williamson Absolute Return 105.68 12-2008Smith & Williamson Absolute Return 105.68 12-2008Smith & Williamson Absolute Return 105.68 12-2008Smith & Williamson Absolute Return 104.59 12-2008Smith & Williamson Absolute Return 104.59 12-2008Smith & Williamson Absolute Return 104.59 12-2008Smith & Williamson Absolute Return 104.59 12-2008Smith & Williamson Absolute Return 102.9 12-2008Smith & Williamson Absolute Return 102.9 12-2008Smith & Williamson Absolute Return 102.9 12-2008Smith & Williamson Absolute Return 102.9 12-2008Smith & Williamson Absolute Return 102.9 12-2008Smith & Williamson Absolute Return 104.7 12-2008Smith & Williamson Absolute Return 104.7 12-2008Smith & Williamson Absolute Return 104.7 12-2008Smith & Williamson Absolute Return 104.7 12-2008Smith & Williamson Absolute Return 102.73 12-2008Smith & Williamson Absolute Return 102.73 11-2008Smith & Williamson Absolute Return 102.73 11-2008Smith & Williamson Absolute Return 102.91 11-2008Smith & Williamson Absolute Return 101.47 11-2008Smith & Williamson Absolute Return 101.47 11-2008Smith & Williamson Absolute Return 101.47 11-2008Smith & Williamson Absolute Return 100.92 11-2008
 
  Price History  
     
 
Start Date:   
End Date:   
   
18/11/200818/11/2009% ChangeChange
Nav (GBP)1.011.09+8.30+0.08
 
  Dividend History  
     
 
Dividend gross (GBP)Ex-dividend datePayment date
0.0101/07/200930/09/2009
0.0202/01/200931/03/2009
0.0131/12/200431/03/2005
0.0130/06/200401/09/2004
0.0131/12/200331/03/2004
0.0130/06/200301/09/2003
0.0112/03/200331/03/2004
0.0102/01/200303/03/2003

RATINGS
S&P Fund Management Ratings
-




Timeframe 3YR 5YR 10YR Overall
Total Return - - - -
Consistent Return - - - -
Preservation - - - -
Expense - - - -

Lipper Graphic



Star Rating 3YR % 5YR % Career %
Fund Rating
Fund Manager MRI n/a - - -
Best Invest Key



Morningstar Rating Morningstar Category
- -

NEWS

  Fund News  
 No fund news to display. 

  Company And Group News  
 No company or group news to display. 

ASSETS AND HOLDINGS

  Fund Size -
   
TOP 10 HOLDINGS
No top ten information available.
ASSET ALLOCATIONS
No asset allocation information available.

RISK

 
Smith & Williamson Absolute Return 0.521 10-2009Smith & Williamson Absolute Return 0.639 09-2009Smith & Williamson Absolute Return 0.491 08-2009Smith & Williamson Absolute Return -0.086 07-2009Smith & Williamson Absolute Return -0.271 06-2009Smith & Williamson Absolute Return -0.213 05-2009Smith & Williamson Absolute Return 0.313 04-2009Smith & Williamson Absolute Return 0.319 03-2009Smith & Williamson Absolute Return -0.388 02-2009Smith & Williamson Absolute Return 0.091 01-2009

 
  Stat Time Period
 
  Risk Indicators  
  Risk indicators are intended to help understand the risk vs potential reward of investing in the fund. The quartile column next to each statistic indicates the funds performance on this factor relative to comparible funds over the same time period. Quartile 1 indicates top 25% performance. Please note, the quartile column is not displayed for Exchange Traded Funds.  
  Time Period Benchmark or Sector used:  MSCI The World Index
  Tracking Error
 
+3.57
value 		3
quartile
Tracking error indicates the difference between the return of the fund and that of the benchmark it was meant to track or beat. A Low tracking error means a fund is closely tracking its benchmark while a high tracking errors indicates the opposite.

As a general rule, the tracking error for passively managed funds, such as index funds, should be as low as possible. Actively managed funds usually seek to beat its benchmark. In these cases, the investor generally seeks to maximize tracking error. A high tracking error might also indicate that the fund should be measured against a more appropriate benchmark.
 
  R Squared
 
+0.07
value 		2
quartile
The R-squared of a fund indicates if the fund is being compared to an appropriate benchmark. R-squared describes the portion of a funds performance that is explained by movements in the market benchmark. R-squared can help an investor assess the usefulness of a fund’s beta or alpha statistics. For example, the higher the R-squared value the more you can trust the fund’s alpha and beta statistics. The R-squared value varies from 0 to 1 and values greater than 0.85 are often considered high while a value less than 0.70 would be considered low.
 
  Alpha
 
+0.08
value 		2
quartile
Alpha is the amount by which an investment’s actual return exceeds or falls short of its expected return given its level of risk (beta). A positive alpha indicates that an investment has performed better than expected given its beta; whereas, a negative alpha indicates poorer performance.

For instance, with an R-squared value we can trust, an alpha of 1.2 infers that a fund is projected to increase 20% when the fund’s "beta" is zero.
 
  Beta
 
+0.13
value 		2
quartile
Beta measures how much a fund is likely to move with the general market. Assuming a high R-squared value beta can be used to predict the fund’s expected return: When the beta of the fund is 0.6, the value of the fund rises by on average 0.6% when the benchmark index rises by 1%. Correspondingly, when the benchmark index falls by 1%, the value of the fund falls on average by 0.6%.
 
  Sharpe
 
+0.08
value 		1
quartile
The Sharpe ratio is a performance figure which has been adjusted for the risk the fund has taken to achieve it’s actual performance i.e. it reveals the risk/return efficiency of a fund. With this ratio we can compare funds with similar risk characteristics to identify the most efficient portfolio. The higher the Sharpe ratio, the better the fund's historical risk-adjusted performance. Sharpe ratio should only be used when comparing funds in a common peer group.

When stock markets perform poorly, most equity funds will exhibit negative Sharpe ratios. Ranking negative Sharpe ratios can be misleading since a smaller negative is a larger number. This can lead to results that are ambiguous and logically backwards. Therefore we don’t display Sharpe ratios or include them in the Quartile ranking when the ratio is negative.
 
  Information Ratio
 
-0.11
value 		2
quartile
The information ratio can be used as a measurement of the active investment manager’s skill. The fund with the higher information ratio has earned more value added per unit of departure from the benchmark. A ratio of 0.5 is considered a satisfactory measure while a negative value indicates that the fund underperformed its benchmark.
 
  Volatility
 
+1.80
value 		3
quartile
Volatility (standard deviation) refers to the amount of uncertainty about the size of changes in funds value. A higher volatility means that the price of the fund can change dramatically in either direction in short time. A lower volatility indicates that the funds value does not fluctuate dramatically.

For example, for a fund with a volatility figure of 2% and a mean annual return of 5%, you would expect the return to be between 3% and 7% about 68% of the time, and between 1% and 9% about 95% of the time.