The quantitative screens for the sector categories is the same as in previous years and will be provided using Morningstar data.
All performance data is run up to 30 June 2018 in percentage terms. Those without a three-year track record to 30 June 2018 are not included in the main award categories but may be shortlisted in the New Issue category. No total assets minimum - all companies of all sizes are kept in and the judging panel will screen out at a later date if considered too small.
Within each sector, companies have their NAV returns measured over three discrete periods: 12 months to 30 June 2018, 12 months to 30 June 2017 and 12 months to 30 June 2016, as well as their cumulative NAV return for the full three year period.
Returns over the 12 months to 30 June 2018 the NAV returns are given a 40% weighting, the 12 months to 30 June 2017 are given a 30% weighting and the 12 months to 30 June 2016 accounts for 20% of the overall score. The final 10% weight is given to the full cumulative NAV return over the three years to 30 June 2018.
These scores are added up to give a single quants figure out of 100, the highest of which will be shortlisted for consideration. Results are sorted according to Investment Week award categories and then by aggregated awards score (descending).
Shortlisted trusts and their boards will be contacted by Investment Week and asked to submit a questionnaire, which will be used in the qualitative judging stage.
Best New issue award
AIC to provide list of all new issues in the previous 24 months.
Awards data consists of TA, MC, NAVTR and SPTR for each 12 month period, Discount at the end of June 2016, 2017 and 2018 and launch assets.
NB: Companies that are not pricing will be excluded from the stats