UKSPA classifications
The table below shows all UK structured products that are currently open for investment which appear on the UK research service and that have been given a mandatory PRIIPs risk rating and a UKSPA sector classification.
The UKSPA is the UK trade association for retail structured products. FVC previously calculated risk ratings on behalf of UKSPA but these were replaced in January 2018 by the European wide PRIIPs risk rating system. Both scales give a risk ratimg between 1 and 7 and are broadly comparable.
The PRIIPs risk rating is calculated by the product manufacturer and all questions should be directed to them. FVC remains as the calculation agent for sector classifications and performance data. The methodologies are those of the UKSPA and its member firms and all questions about these ratings should be directed to them.
More information can be found at http://www.ukspassociation.co.uk/