Fund risk number
The Old Mutual Wealth Fund Risk Evaluator takes the actual volatility for a given fund measured over 1, 3 or 5 years (track record permitting) and maps it against the volatility ranges represented by the Old Mutual Wealth Risk Scores 1 to 10. For example, a fund with a three-year volatility figure of 10.8 sits within the volatility range corresponding to an Old Mutual Wealth Risk Score of 5. Fund risk scores provide a retrospective view of a fund’s volatility, which may vary widely over different time periods, and are not necessarily indicative of a fund’s future volatility. For this reason we show scores for three different time periods.