Synthetic Risk and Reward Indicator (SRRI)
The SRRI is used to indicate the level of risk of a UCITS fund by providing a number from 1 to 7, with 1 representing low risk and 7 representing high risk. The intention of the UCITS directive was to make understanding the risks and possible rewards of a fund as simple as possible.
A fund with an SRRI of 1 will provide low risk but potentially low returns, whereas a fund with an SRRI of 7 is considered high risk but carries the potential for high returns.
For our FPIL ILP sub-funds we use our own one to five risk/reward rating, that works on a similar scale to the SRRI KIID rating, and which can be found in the relevant FPIL fund factsheet within the interactive fund centre and in the Singapore Investment-Linked Policy Sub-Fund Guide.