Start with the mandate
Check the fund objective, permitted assets and any concentration limits. Funds with different mandates should not be ranked as though they are the same product.
A higher return may simply reflect taking different risk.
Use comparable numbers
Check whether returns are gross or net, annualised or realised, and whether the comparison period is the same.
Then include fees, minimums and withdrawal conditions.
Look through to the portfolio
Holdings, issuer concentration, maturity and liquidity often explain more than a marketing label.
The portfolio is where the fund’s actual economic exposure sits.
General information only. Investment products can lose value, and terms, fees and regulation can change.