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The higher","page_number":4,"box":{"x":744,"y":155,"width":173,"height":9}},{"id":"d0443e16-326e-4de5-9fda-1037089c6569","block_type":"box","text":"the Sharpe ratio the better the returns compared to the risk taken.","page_number":4,"box":{"x":505,"y":166,"width":402,"height":9}},{"id":"83c66f87-6b30-45a5-974c-361e8d9333bb","block_type":"box","text":"Tracking error (%)","page_number":4,"box":{"x":505,"y":176,"width":114,"height":9}},{"id":"6feabc91-195b-4908-bb65-6e659efd8d68","block_type":"box","text":"measures how much a fund","page_number":4,"box":{"x":624,"y":177,"width":173,"height":6}},{"id":"f2e43270-accf-4e0b-80db-4d79f4e388a1","block_type":"box","text":"’","page_number":4,"box":{"x":799,"y":177,"width":1,"height":2}},{"id":"aaab3c33-b247-4406-ae17-61188a07a27c","block_type":"box","text":"s returns deviate","page_number":4,"box":{"x":801,"y":177,"width":102,"height":6}},{"id":"2a58700e-7fa8-4986-a625-a245fa732318","block_type":"box","text":"from those of the benchmark. The lower the number the closer the","page_number":4,"box":{"x":505,"y":187,"width":407,"height":7}},{"id":"e21976ae-37e8-469d-9e44-84038faff70c","block_type":"box","text":"fund","page_number":4,"box":{"x":505,"y":198,"width":29,"height":7}},{"id":"dc948807-3bab-4754-a324-f662e013ea8a","block_type":"box","text":"’","page_number":4,"box":{"x":536,"y":198,"width":1,"height":2}},{"id":"eb248541-9c80-4061-a7c7-da7818501b00","block_type":"box","text":"s historic performance has followed its benchmark.","page_number":4,"box":{"x":538,"y":198,"width":313,"height":8}},{"id":"d95b0e89-d297-4477-83f0-b5433f324512","block_type":"box","text":"Information ratio","page_number":4,"box":{"x":506,"y":208,"width":103,"height":7}},{"id":"9329cc94-d5fa-4830-a1b5-fe6794e3c9e5","block_type":"box","text":"measures if a manager is outperforming or","page_number":4,"box":{"x":614,"y":208,"width":260,"height":9}},{"id":"8ef619f1-56ea-4726-8a85-b10c84959847","block_type":"box","text":"underperforming the benchmark and accounts for the risk taken to","page_number":4,"box":{"x":506,"y":219,"width":414,"height":9}},{"id":"8311a516-491b-4807-9d15-04b2a998ab13","block_type":"box","text":"achieve the returns. 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