Judging criteria & methodology

The first stage of the judging process involved running a quants screen across the entire UK unit tr...

The first stage of the judging process involved running a quants screen across the entire UK unit trust and Oeic universe, using statistics provided by Lipper up to 31 March 2005. All figures were bid to bid with net income reinvested at ex-dividend, not payment date. The quants screen, the same as that employed in previous years, looked at each fund's percentile ranking within its own IMA sector over each of the three discrete years to 31 March 2005. The screen gives a 20% weighting to the percentile ranking achieved during the 12 months to 31 March 2003, 30% to the period to 31 March 200...