chiangmai
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Post by chiangmai on Jul 31, 2019 22:02:38 GMT 7
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Post by rgs2001uk on Jul 31, 2019 22:09:35 GMT 7
^^^^ that looks like a BG link, a company I am well aware of, but its certainly not an industry standard is it?
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Post by rgs2001uk on Jul 31, 2019 22:29:18 GMT 7
Do , Brunner, Bankers etc etc use the same industry standards?
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chiangmai
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Post by chiangmai on Jul 31, 2019 22:37:02 GMT 7
^^^^ that looks like a BG link, a company I am well aware of, but its certainly not an industry standard is it? I think it must be because every KII document uses that same risk scale of 1-7. And yes, it is BG International, I used that simply as an example.
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chiangmai
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Post by chiangmai on Jul 31, 2019 22:38:01 GMT 7
Do , Brunner, Bankers etc etc use the same industry standards? Why not look at their KII's on Trustnet, I think you'll find they do.
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Post by rgs2001uk on Jul 31, 2019 22:48:10 GMT 7
^^ sorry, no offence, but before I invest, I dont think I have ever consulted trustnet, i prefer my own due dilligence.
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chiangmai
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Post by chiangmai on Jul 31, 2019 22:52:32 GMT 7
^^ sorry, no offence, but before I invest, I dont think I have ever consulted trustnet, i prefer my own due dilligence. You asked me if that risk scale of 1-7 was an industry standard or not and I gave you the answer!
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Post by rgs2001uk on Jul 31, 2019 23:13:34 GMT 7
^^^ you gave me a link to trustnet, are they now the industry standard for the uk?
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chiangmai
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Post by chiangmai on Jul 31, 2019 23:17:19 GMT 7
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AyG
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Post by AyG on Aug 1, 2019 7:48:25 GMT 7
I dare say those who post on here are sent similair shoite, but are they all speaking the same language, wtf is risk level 6? For someone like me, seeing that something is risk level 6 is actually useful, it helps me understand the relative risk levels of each of my funds - the range is 1-7 with 7 being highest risk. I think we're at cross purposes here. RGS is referring to a broker's assessment of an individual's appetite for risk. This is not standardised (though it can be outsourced to specialist risk assessors who've developed questionnaires, so more than one broker may use the same scheme). CM is referring to the 1-7 range used a measurement of a fund's volatility (yes, volatility - not risk, despite what the KIID documents say) which is specified by the EU. Link below. It's a tedious read. www.esma.europa.eu/sites/default/files/library/2015/11/10_673.pdf
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Post by rgs2001uk on Aug 2, 2019 20:54:18 GMT 7
^^^ yes you got it, sorry I couldnt see the wood for the trees the other night, I aplogise cm, I realise you were only trying to help.
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Post by rgs2001uk on Aug 2, 2019 20:56:41 GMT 7
For someone like me, seeing that something is risk level 6 is actually useful, it helps me understand the relative risk levels of each of my funds - the range is 1-7 with 7 being highest risk. I think we're at cross purposes here. RGS is referring to a broker's assessment of an individual's appetite for risk. This is not standardised (though it can be outsourced to specialist risk assessors who've developed questionnaires, so more than one broker may use the same scheme). CM is referring to the 1-7 range used a measurement of a fund's volatility (yes, volatility - not risk, despite what the KIID documents say) which is specified by the EU. Link below. It's a tedious read. www.esma.europa.eu/sites/default/files/library/2015/11/10_673.pdfMore nonsense from EU la la land, Einstein himself would struggle to make sense of it, never mind, if you cant dazzle them with brilliance, baffle them with bullshit.
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Post by Fletchsmile on Aug 2, 2019 23:29:49 GMT 7
For someone like me, seeing that something is risk level 6 is actually useful, it helps me understand the relative risk levels of each of my funds - the range is 1-7 with 7 being highest risk. I think we're at cross purposes here. RGS is referring to a broker's assessment of an individual's appetite for risk. This is not standardised (though it can be outsourced to specialist risk assessors who've developed questionnaires, so more than one broker may use the same scheme). CM is referring to the 1-7 range used a measurement of a fund's volatility (yes, volatility - not risk, despite what the KIID documents say) which is specified by the EU. Link below. It's a tedious read. www.esma.europa.eu/sites/default/files/library/2015/11/10_673.pdfYes there's 2 different risk measurements, one for the individual's attitude to risk and one for the funds.
Thailand also does similar.
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Post by Fletchsmile on Aug 2, 2019 23:30:51 GMT 7
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AyG
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Post by AyG on Aug 5, 2019 8:32:37 GMT 7
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