The Moneyspider Rating^®

When you rate your investment funds with Moneyspider you simply authorise your fund manager to provide us with accurate information on the investments you hold. This allows us to provide you with;

• an online fund valuation updated daily
• a monthly email valuation of your funds
• each valuation showing you your funds recent investment performance and the Moneyspider ratings on each of your funds so you can keep track of their performance
• each month we show you the current top rated investment funds both overall and in the areas you are invested in so that you can see how your investment funds compare and what funds are doing well

We believe that investors deserve a clear, easy-to-understand method of assessing the performance of their funds. We also believe that this assessment should be made with the same criteria that investors might themselves use in judging a fund's performance if the resources were available to them. 

The Moneyspider Rating® provides a unique assessment of the performance of each fund measured against four key parameters:

Sector ranking: comparison with all other funds in the same sector as your fund (based on the sector definitions used by the Investment Management Association).
All Funds ranking: comparison with all other 2000 or so Unit Trusts and Open Ended Investment Companies (OEICs) funds available to UK investors.
FTSE 100: comparison of the total return of the fund with the total return of the FTSE 100 index (comprising the UK's 100 largest companies), providing a consistent benchmark for each fund.
Cash: comparison of the fund's performance with the return from an equivalent amount deposited in a 90 day access account.

Moneyspider's unique computer system calculates the results, with specific weightings allocated to each of the four categories, with each one analysed and compared over 1, 3 and 5 years. Although the Rating is generated from a highly complex, computer-based performance analysis, involving 34 separate computations, it produces a simple and straightforward result; scoring each of your investment funds from A (a very high rating) to E (a distinctly poor rating). 

Behind these easy-to-understand fund ratings is a percentage score, which is calculated to four decimal points. Each day Moneyspider's system calculates this percentage score for every single one of the 2,000 or so funds on our database, thus providing a comprehensive ranking for all investment funds. The 'Rank in Sector' for each fund on the Moneyspider Report, is based on the ranking of these percentage scores.