The Adviser Fund index, or set of indices, are designed to act as indicators of the UK funds market. The AFI provides a benchmark against which the investment community can compare fund portfolio performance, as well as offering a relevant flagship index for the funds market.

• View AFI Methodology
• View AFI Panellists
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There are three themed indices that currently form the AFI.

• Financial Express Adviser Fund Index Aggressive
• Financial Express Adviser Fund Index Balanced
• Financial Express Adviser Fund Index Cautious

There are three portfolios of funds, one for each index.

We have formed the AFI Panel, a representative group of the UK's leading financial advice firms. Each firm selects a portfolio of funds for each themed index, according to the skills and expertise of their organisation.

The portfolios that the Panellists submit must have a maximum of 10 holdings, which are weighted by the Panellist.

Financial Express aggregates each Panellist's portfolios to obtain an overall list of constituents and weightings.

Allowing for similar selections by different Panellists, each index would have between 50-100 constituents.

For the AFI Aggressive, Balanced and Cautious indices, funds must be derived from the 'UK Authorised Unit Trusts and OEICs' universe.

The Panellists must assume that the 'client' is saving for a pension at 65. For example:

The AFI set of indices is calculated daily.

Composition of the portfolios are reviewed and rebalanced semi-annually.

All values are calculated on a total net return, bid / bid, mid / mid basis.

Each index starts at 100.