Why does my funds ranking page say the funds been non-compliant for all time periods?
Most commonly, this is caused because the fund is a mirror fund. When the positions of two different funds overlap each other by more than 50%, then the two funds are considered to be “mirrors” of each other. If two or more funds mirror each other, only the highest ranked fund is included in the ranking. The overlap is calculated as a % of total fund value. For instance, if fund A owns $100,000 of XYZ and fund B owns $200,000 of XYZ the amount counted as “overlap is $100,000 for fund A and $200,000 for fund B. In other words, fund A would have an overlap of 10%, and fund B would have an overlap of 20%. Nothing happens unless the overlap in both funds exceed 50% (i.e., fund A has 50%+ overlap AND fund B has 50%+ overlap). A fund may also be disqualified for the following reasons: • Email to the member is bouncing. • One or more fund’s mirror each other. When the holdings of one fund overlap the holdings of another fund by more than 50%, then the funds are said to mirror one another. If
