A factsheet is a periodic disclosure. It can support due diligence, but no single ratio or past return establishes suitability.
Comparison factors
- Scheme objective and benchmark
- Expense ratio and exit load
- Portfolio concentration and turnover
- Duration and credit profile where relevant
- Tracking difference or tracking error for passive schemes
How to use the comparison
Read each metric in context and confirm definitions in the scheme documents. This guide does not set acceptable alpha, Sharpe-ratio or expense-ratio cutoffs.
Illustrative scenario
Illustrative scenario: a lower expense ratio and a more concentrated portfolio describe different dimensions; neither alone decides the comparison.
Common interpretation errors
- Using a star rating as a decision
- Reading past performance as a forecast
- Applying one numerical cutoff to every category
Next step
Compare the factsheet with the current scheme information document and the goal's requirements.
Official references
This material is educational and does not provide a personal recommendation. Product rules, costs and tax treatment can change; verify the current official documents before acting.