Value Assessment Report
Overall Value Score
Fund Rating per Element
The Pie chart shows the fund scores attained for each of the 3 elements. Performance makes up 50% of the score, Costs makes up 30% and Service is 20%. 1 star (Poor) is Red, 2 stars (Moderate) is Amber, 3 stars (Good) is Light green and 4 stars (Outstanding) is Dark green.
SRRI Score
The Risk and Reward Indicator table demonstrates where the Fund ranks in terms of its potential risk and reward. The higher the rank the greater the potential reward but the greater the risk of losing money. It is based on past data, may change over time and may not be a reliable indication of the future risk profile of the Fund. The highlighted number in table below shows the Fund’s ranking on the Risk and Reward Indicator.
Share Class Measures
Performance
The chart on the left shows the 5 year annualised relative (3 years if the fund doesn't have the history) performance of the fund versus its benchmark. Green indicates the fund has outperformed its benchmark and red indicates the fund is behind its benchmark. This aligns with the relative return element of the fund objective. The chart on the right shows the 5 year annualised total return relative performance of the fund. Green means the fund has a positive return over 5 years and red indicates a negative return. This aligns with the long term capital growth element of the fund objective. We show the last 12 months worth of both numbers (provided the share class is old enough) so the reader can see how the fund has performed against its objective over the year.
Source Morningstar UK Limited © 2024 as at 31/03/24. Based on the bid-to-bid and assuming income is reinvested including ongoing charges excluding entry and exit charges. Index returns include capital gains and assume reinvestment of any income. The index does not include fees or charges and you cannot invest directly in it. Annualised performance measures how much an investment has grown on average each year. The Rolling Period shows annualised average returns for the periods stated.
Costs
Share Class OCF versus Peers
The chart below shows the OCF (the annual cost of ownership) of every fund within the peer group. The vertical red line indicates this Columbia Threadneedle fund. Each vertical grey line represents a competitor fund. We have split the Peer group in to 4 quartiles to show where our fund sits amongst its peers. The four coloured bars at the top show the score assigned. The cheapest 25% of funds (coloured dark green scoring 4 stars) down to the most expensive 25% of funds (coloured red scoring 1 star for value).