ft-webplatform/test/data/en-us-retail/us.expenses-volatility-and-benchmarks-labels.json

{
  "provider": {
    "BeanID": "us.expenses-volatility-and-benchmarks-labels",
    "id": "expenses-volatility-and-benchmarks-labels",
    "labels": {
      "label": [
      {
        "key": "expenses-heading",
        "value": "SALES CHARGE, EXPENSES & FEES"
      },
      {
        "key": "money-expenses-heading",
        "value": "SALES CHARGE, EXPENSES & FEES"
      },
      {
        "key": "close",
        "value": "Close"
      },
      {
        "key": "expenses_money_heading",
        "value": "EXPENSES & FEES"
      },
      {
        "key": "updated-annually",
        "value": "(updated annually)"
      },
      {
        "key": "gross-expense-ratio",
        "value": "Gross Expense Ratio"
      },
      {
        "key": "net-expense-ratio",
        "value": "Net Expense Ratio"
      },
      {
        "key": "max-initial-sales-charge",
        "value": "Max Initial Sales Charge"
      },
      {
        "key": "cdsc",
        "value": "CDSC"
      },
      {
        "key": "max-initial-sales-chrg",
        "value": "Max Initial Sales Charge"
      },
      {
        "key": "twelwe-b-fee",
        "value": "12b-1 Fee"
      },
      {
        "key": "volatility-measures-heading",
        "value": "Volatility Measures"
      },
      {
        "key": "as-of",
        "value": "As of "
      },
      {
        "key": "updated-quarterly",
        "value": "Updated Quarterly, based on a 3-year period"
      },
      {
        "key": "beta",
        "value": "Beta"
      },
      {
        "key": "alpha",
        "value": "Alpha"
      },
      {
        "key": "sharpe-ratio",
        "value": "Sharpe Ratio"
      },
      {
        "key": "r-squared",
        "value": "R-Squared"
      },
      {
        "key": "standard-deviation",
        "value": "Standard Deviation"
      },
      {
        "key": "benchmarks-heading",
        "value": "Benchmarks"
      },
      {
        "key": "benchmarks-para",
        "value": "A benchmark is a comparable broad-based index that can be used to evaluate a fund's performance."
      },
      {
        "key": "updated-monthly-1yr",
        "value": "Updated Monthly, based on a 1-year period"
      },
      {
        "key": "updated-monthly-3yr",
        "value": "Updated Monthly, based on a 3-year period"
      },
      {
        "key": "correlation",
        "value": "Correlation"
      },
      {
        "key": "vip-expenses-heading",
        "value": "Expenses"
      },
      {
        "key": "vip-expenses-message",
        "value": "Fund only Expenses; No Contract Fees or charges"
      },
      {
        "key": "capped-expense-ratio",
        "value": "Capped Expense Ratio"
      },
      {
        "key": "info-modal-content",
        "value": "<p><b>Alpha</b> <br />The difference between a fund's actual returns versus its expected performance, given its level of market risk as measured by beta. A positive alpha indicates the fund performed better than its beta would predict while a negative alpha indicates the fund's under performance based on the expectations indicated by the fund's beta. <br /> <br /><b>Beta</b> <br />A measure of a fund's volatility in relation to the stock market, as measured by a stated index. By definition, the beta of the stated index is 1; a fund with a higher beta has been more volatile than the index, and a fund with a lower beta has been less volatile than the index. <br /> <br /><b>Sharpe Ratio</b> <br />The Sharpe ratio, developed by Nobel Prize winner William Sharpe, provides a measure of a fund's historical risk-adjusted performance. A higher number indicates better historical risk-adjusted performance. <br /> <br /><b>Correlation</b><br />The linear relationship between two return series. Correlation shows the strength of the relationship between two return series. The higher the relationship, the more similar the returns. <br /> <br /><b>R-Squared</b> <br />This number indicates what percentage of a fund's performance fluctuation can be explained by movements in the benchmark index. R-squared (correlation) ranges from 0 to 100. An R-squared of 100 would mean that the fund is tracking its benchmark exactly. A low R-squared indicates that very few of the fund's movements are explained by movements of its benchmark. R-squared can help determine the significance of the fund's beta. A higher R-squared generally indicates a more useful beta. Lower R-squared means the fund's beta is less relevant to its performance. <br /> <br /><b>Standard Deviation</b> <br />This figure provides a statistical measure of the range of a fund's returns. A high standard deviation indicates a wide range of returns and thus greater volatility.</p>"
      }
    ]
  },
    "source": "provider",
    "type": "XmlResourceProvider"
  }
}