Abacus Financial Services
AbicoCash plc (Prices at 31 May 2008)
Launched in May 2000 the objective of the fund is to achieve a return of a least one month LIBID rates by investing in highly liquid cash or near cash investments.
AbicoCash plc is a Standard & Poors 'AAAm' rated International Money Market Fund providing investors with cash management solutions comprising four currency sub funds.
| Class | Average Annualised Return % | MorningStar Fund Stars |
|---|---|---|
| GBP | 5.09 | ***** |
| USD | 1.93 | ***** |
| EUR | 3.89 | **** |
| AUD | 6.39 | ***** |
To assist investors in evaluating the performance of a fund and the consistency of that performance relative to other funds in the sector, MorningStar has developed the MorningStar Fund Stars based on a fund’s relative performance.
The MorningStar Fund Stars are calculated using a fund's monthly performance relative to its sector average for each of the 36 months over the three years to date. The average and volatility of these 36 numbers is used to calculate a fund's star rating.
| Star Rating | Performance Percentage |
|---|---|
| ***** | Top 10% |
| **** | Top 11-30% |
| *** | Top 31-50% |
| ** | Next 25% |
| * | Bottom 25% |
For further information please contact the Fund Manager