Research firm Morningstar U.K. has unveiled a new risk reward calculator, Financial Times reports. The calculator will offer a risk score obligatory for all funds under new undertakings for collective investment in transferable securities as per Ucits IV regulations.

The regulations require all Ucits funds to present a synthetic risk reward indicator (SRRI) score for the Key Investor Information Document. The SRRI specification from the European Securities and Markets Authority allows companies to start calculation anytime between July 1, 2011 and June 30, 2012, which may lead to inconsistency.

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