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STEP 02 - ABSOLUTE PERFORMANCE
Only funds that outperform or perform in line with the benchmark, both in the medium and long term, are selected.
STEP 03 - RISK ASSESSMENT
Funds with a risk level less than or in line with the benchmark are selected.
STEP 04 - VOLUME AND CATEGORY
Criteria of volume of assets under management, type of share classes (accumulation/distribution) and category of target investor are applied to the funds qualified in the preceding step.
STEP 05 - PERFORMANCE CONSISTENCY
The annual performance of selected funds is compared with their benchmark over the last five years.
Only the funds that have most often outperformed their benchmark are retained in the final selection.
This philosophy can be applied to all investment formulas.