We have recently improved the implementation of how returns metrics are shown across smallcase app, website and broker platforms. These improvements are aimed to bring uniformity in returns metrics, align with industry standards and ensure they are true to label. This will help investors make better & informed investment decisions..
The below table illustrates the old vs new implementation.
Time since SC went live | Illustrative Example SC Age | Old Implementation | New Implementation |
< 1 Month | 15 Days | Label: 15D Returns
Value: Absolute returns since launch (15 day period) | Label: 15D Returns
Value: Absolute returns since launch (15 day period) |
1 Month - 1 Yr | 9 Months 22 Days | Label: 9M Returns
Value: Absolute returns since launch (9 months + 22 days). | Label: 9M Returns
Value: Absolute returns in the last 9 months from today
The label & value will change based on how many months have passed since smallcase launch. Thus, say at 10 months 2 days the label & value will change to 10M returns |
1Yr - 2 Yr | 1 Year 4 Months | Label: 1Y CAGR
Value: CAGR over the full 1 year 4 months since launch. | Label: 1Y Returns
Value: Absolute returns in the last 12 months from today |
2Yr - 3 Yr | 2 Year 2 Months | Label: 2Y CAGR Value: CAGR over the full 2 years 2 months since launch | Label: 2Y CAGR
Value: CAGR of the last 2 years from today |
3Yr - 4 Yr | 3 Year 10 months | Label: 3Y CAGR
Value: CAGR of the last 3 years from today | Label: 3Y CAGR
Value: CAGR of the last 3 years from today |
4Yr - 5 Yr | 4 Year 6 months | Label: 3Y CAGR Value: CAGR of the last 3 years from today | Label: 4Y CAGR
Value: CAGR of the last 4 years from today. |
> 5 Yr | 5 Year 8 months | Label: 3Y CAGR
Value: CAGR in the last 3 years from today | Label: 5Y CAGR
Value: CAGR for the last 5 years from today |
Please refer to the below screenshot for how the default returns are shown on manager microsites.
smallcase is less than 1 month old
smallcase is less than 1 yr old
smallcase is between 1 to 2 yrs old
smallcase is between 2 to 3 yrs old
smallcase is between 3 to 4 yrs old
smallcase is between 4 to 5 yrs old
smallcase is more than 5 yrs old
