These statistics are aimed at providing intermediaries with more flexible information than just th...
These statistics are aimed at providing intermediaries with more flexible information than just the total return and volatility scores of a fund in a specific sector. Consistency is the main thrust of the statistics and, to judge this, intermediaries can look at the number of negative months the fund experienced over the 12-month period, including the month it achieved its largest fall. Funds with high returns but a large number of negative months show the manager achieved the gains sporadically, possibly through large gains made on a few of the holdings rather than the balance of ...
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