a numeric representation of the measure of risk per product type. 1 is the most conservative and 8 is the most aggressive. Definition per Risk Rating is as follows:
- A fund that is most conservative and has the lowest measure of risk based on historical performance with an objective of providing safety of capital. It is substantially invested in money market instruments such as deposits and short-term government securities.
- A fund with minimal level of risk based on historical performance with an objective of preserving capital and is substantially invested in money market instruments with exposures to government securities and corporate bonds that have a tenor of less than a year.
- A fund that is moderately conservative based on historical performance and is substantially invested in fixed income instruments such as government securities and corporate bonds that are maturing over the short to medium-term.
- A fund with balanced level of risk based on historical performance and is substantially invested in fixed income instruments such as government securities and corporate bonds that are maturing over the medium to long-term.
- A fund that is slightly aggressive based on historical performance, aiming to achieve high returns and is typically invested in a balanced portfolio of high-grade fixed income instruments and equities.
- A fund that is moderately aggressive based on historical performance, aiming to achieve high returns and is typically invested in a balanced portfolio of high-grade fixed income instruments and equities.
- A fund that is aggressive and higher level of risk based on historical performance with an objective of maximizing portfolio growth and is invested substantially in equities.
- A fund that is most aggressive based on historical performance with an objective of maximizing portfolio growth and is invested substantially in equities.