Our unique smoothing mechanism takes the average of a fund’s daily underlying price over the past 26 weeks to produce a ‘smoothed’ fund price. This process aims to reduce the stress and worry of stock market investing, and avoid sudden shocks and cliff-edge falls in investment performance.
Understanding our smoothing mechanism doesn’t need to be complicated. It’s based on what’s already happened – rather than what might happen in the future. Learn more about how our unique smoothing mechanism works.