Reset to Today

To access the FCA Handbook Archive choose a date between 1 January 2001 and 31 December 2004.

Content Options:

Add to favourites

View Options:

More Resources:

External link Handbook Publications

You are viewing the version of the document as on 2023-09-29.

Timeline guidance

Alternative versions

  1. Point in time
    2023-09-29

CONRED 2 Annex 14 Investment benchmarks

CONRED 2 Annex 14 1.1R

  1. The following investment benchmarks apply:

    Comparator 1:

    this comparator is a return equal to the Bank of England official Bank Rate (the 'base rate').

    Comparator 2:

    this comparator is a return equal to a 50/50 combination of the APCIMS Conservative Index and the IMA Mixed Investment 20-60% Shares sector. This comparator has a listed equity exposure of 20-60% (IMA) and 32.5% (APCIMS).

    Comparator 3:

    this comparator is a return equal to a 50/50 combination of the APCIMS Balanced Index and the IMA Mixed Investment 40-85% Shares sector. This comparator has a listed equity exposure of 40-85% (IMA) and 67.5% (APCIMS).
CONRED 2 Annex 14 1.2G

Further details of the sectors and indices referred to in the rule above can be found at the websites of the relevant organisations:

http://www.apcims.co.uk/private-investor-indices/about-the-indices/

http://www.investmentfunds.org.uk/fund-sectors/sector-definitions/