Benchmarks

The Rathbones benchmarks as from 1 January 2021.

The purpose of the Rathbones benchmarks is to provide clients with a simple and transparent measure to evaluate and compare the performance of their portfolios and assess our ongoing investment management. These benchmarks are designed to be aligned with the Rathbones asset allocation process and the long-term risk and return characteristics of our investment strategies. We also believe they are a better representation of the investible universe available to our clients when compared to existing industry benchmarks.

For sterling-based portfolios we have six composite benchmarks which correspond to each of our investment strategies. The Rathbones benchmarks are constructed from a combination of market indices that are designed to represent the type and mix of assets we invest in. For example, for UK equities we use the FTSE All-Share Index and for overseas equities we use the FTSE All-World ex UK Index. The weightings of the representative indices within each benchmark vary according to the risk level and the underlying asset mix within each strategy.

Please see the table below for details of the representative indices for each asset type and their weightings within each of the Rathbones benchmarks.

*Please note that the Our Investment Strategies document is currently being updated to reflect the introduction of the new Rathbones benchmarks.