Glossary

Marketing Documents

Marketing documents are published only by fund providers who are active members. Here you will find an up-to-date list of our Premium Member and Member.

Legal Documents

Legal documents are published by all fund providers providing we receive the corresponding documents from them. This service is free for all fund providers.

Investors information is no legal announcement. Premium Meber and Member can publis them free of charge for information purposes.

Investors information	The Swiss Financial Market Supervisory Authority FINMA has recognised our platform as official publication organ for legal announcements and prices (NAV) in Switzerland. Therefore, our Premium Member and Member can publish all their legal announcements electronically free of charge.
Key Investor Information Document	The KIID (or KID, Key Investor Information Document) is a pre-sales document intended to give potential retail investors an overview of the key chances and risks of a financial product. Hence, it intends to intimate the key features of a financial product quickly to a potential private investor and to make it easy for him to compare different products.
Produktinformationsblatt	The PIB (Produktinformationsblatt) is a pre-sales document intended to give potential retail investors an overview of the key chances and risks of a financial product. Hence, it intends to intimate the key features of a financial product quickly to a potential private investor and to make it easy for him to compare different products.

Prices

Accumulated added deemed distribution income	Accumulated deemed distribution income of the fund.
Date of Accumulated deemed distribution income	Date on which the ADDI is calculated.
Bid price	Bid price of fund.
Offer price of fund.	Offer price of fund.
Net Asset Value / Price	The Swiss Financial Market Supervisory Authority FINMA has recognised our platform as official publication organ for legal announcements and prices (NAV) in Switzerland. Therefore, our Premium Member and Member can publish all their legal announcements electronically free of charge.
Net Asset Value / Price Date	Date on which the NAV is calculated.

Tax Figures

Net Asset Value / Price	The Swiss Financial Market Supervisory Authority FINMA has recognised our platform as official publication organ for legal announcements and prices (NAV) in Switzerland. Therefore, our Premium Member and Member can publish all their legal announcements electronically free of charge.
Net Asset Value / Price Date	Date on which the NAV is calculated.
Interim Profit	Part of the NAV containing non-distributed/-retained payment for received or accrued interest resp. interest-like earmings.
Date Interim Profit	Date Interim Profit
Income Adjustment Procedure (Section 5 (3) 1 of the InvStG)	Income Adjustment Procedure (Section 5 (3) 1 of the InvStG: 1: Yes, the regulations of Section 9 Sentence 2 of the InvStG have been applied for the determination of the interim profit 2: No, the regulations of Section 9 Sentence 2 of the InvStG have not been applied for the determination of the interim profit 3: There is no information if the regulations of Section 9 Sentence 2 of the InvStG have been applied for the determination of the interim profit No Entry: No information available at all or no calculation of the interim profit
Stock/Real Estate Earnings	Stock Earnings: Part of the NAV containing non-distributed/-retained stock dividend, profits from stock-like profit-participation certificates as well as capital gains on stocks and stock-like profit-participation certificates. With regards to fund of funds, stock earnings also contain stock earnings from domestic target funds. Real Estate Earnings: Part of the NAV containing non-distributed/-retained rental income as well as realized and unrealized income from foreign real estate that is tax-free due to an existing double taxation agreement (DTA) with Germany.
Date Stock/Real Estate Earnings	Date Stock/Real Estate Earnings

Ratings

	Standard & Poor's (S&P) only rates funds belonging to the top 20 per cent in each category, obtained by applying a quantitative filter. A team at S&P then conducts personal interviews with the fund provider and checks the company, fund manager, team and fund characteristics. A committee then decides the final rating. The highest rating is AAA, followed by AA and then A, whereby A is still a seal of quality. For bond funds, the volatility is also rated from V1 (low volatility) through to V6 (high volatility); UR indicates that a fund is under review; NR (not rated) indicates that a fund does not meet all the rating criteria.
	The analysts at Feri Rating & Research rate equity and bond funds quantitatively and qualitatively according to their history. Feri ratings are based on a multidimensional rating model that includes an assessment of both performance (70% weighting) and risk criteria (30% weighting). New funds receive a quality rating only. As a fund’s track record grows, the qualitative criteria are complemented by quantitative data. After five years, Feri assesses management quality quantitatively only. Feri’s rating groups range from A ("very good") to E ("poor"). The abbreviation “ur” indicates that a fund is under review.
	For its fund manager ratings, SAUREN Fonds-Research AG conducts personal interviews to analyse a fund manager’s profile, his or her investment philosophy, the investment process and past successes. Important factors taken into account are the fund’s size and how sensitive the investment philosophy is to increasing volumes. More than 300 interviews are conducted every year, and only the most promising fund managers are awarded with a rating. SAUREN awards one, two or three gold medals as a mark of quality, whereby one gold medal alone is a very prestigious award.
	Citywire fund manager ratings look at the risk-adjusted performance of the funds managed by the fund managers in the past three years. The ratings are based on the manager’s performance for retail investment funds from 40 investment categories. Management of several funds is taken into account. Citywire follows over 1,800 managers. Approximately ten per cent receive a Citywire rating (AAA, AA or A). Around one per cent of all managers are awarded the highest rating, i.e. AAA. The ranking process is purely quantitative.
	Each month, Morningstar checks the performance of individual funds throughout Europe in their corresponding investment categories. It looks at all funds that have been on the market for longer than three years and whose investment strategy has not undergone any major changes. The number of stars awarded indicates the fund’s performance within its investment category: five stars indicates that the fund is among the top 10%; four stars, among the top 10 to 32.5%; three stars, among the average 35%; two stars, among the bottom 32.5 to 10%; and one star, among the poorest 10%.