Defaqto is looking to tackle a gap by launching a rating for newer funds and portfolios that have not yet built up an established performance history.
Defaqto's Foundation Rating is targeted at funds and portfolios operating in their first five years. It is intended to provide an independent assessment during the earlier stages of development, according to Defaqto. The Foundation Rating is intended to open up the potentially "overlooked" opportunities on offer from newer funds that advisers and fund selectors may previously have struggled to assess. The rating was built with Defaqto and RSMR expertise. Defaqto bought fund ratings and research agency RSMR in 2024. "There is a clear gap in the market when it comes to newer funds an...
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