Comparison of Catley Lakeman products and selected funds
The fund comparison tables found in this section are intended to be used for easy comparison of performance over the following time periods; 1 day, 1 week, 1 month, 3 month, 6 month and 12 month periods. The data included in the comparison is the relative performance over the backtest periods expressed as a percentage of change in price of the structured products (SP) and funds.
Annualized Return is given for each of the funds and SPs for comparison over the life of the fund or product. The purpose of annualized return is to negate the effects of external events that would have otherwise have skewed the data, in order to show a fairer comparison.
The 'Sharpe Ratio' allows for comparisons based on risk-adjusted return between funds and SPs. This ratio is calculated as the excess performance with respect to the risk free rate over the time frame. Performance is measured as total return over the last 12 months.
In order for fair comparison between Catley Lakeman (CLS) products and selected funds, funds have been selected that are equivalent to the CLS structured products for each region. A number of fund and SP types are included in the regional comparison tables, these are composed of Absolute Return, Autocall, Defensive Autocall, Participation, Income and Zero Dividend Preference.
Basis of analysis: 1 year, 6mth, 3mth, 1mth, 1wk and 1day total return as of date of last close price. Start date is the first business day on or before 1 year, 6mth, 3mth, 1mth, 1wk and 1day (to the date) prior to the ending date (as of date). Dividends are reinvested. Net dividend is used in calculation for UK and Australian equities and funds. Gross dividend is used for all other securities. If the ending date is the last day of the month, the start date is derived using end-of-month conventions. For example, on February 28 (non-leap year) the date 1-month ago is January 31, not January 28.
Performance is based on historical prices not Net Asset Value (NAV) unless otherwise stated.
Select Region: Europe - Asia - UK - Absolute Return (Other/Macro) - Commodities - Property
Key:
| ABS RETURN | Absolute Return
|
| A/C | Autocall |
| D A/C | Defensive Autocall |
| PPN | Participation |
| INC | Income |
| ZDP | Zero Dividend Preference |
