Commodities (active)

Mandates which comprise a range of physical goods, eg foodstuffs such as wheat as well as metals or energy and raw materials such as oil. The approach is typically implemented via derivatives. Actively managed.

	AMC per annum (£,000)
	£25mn	£50mn	£75mn	£100mn	£125mn	£150mn	£175mn	£200mn	£225mn	£250mn	£275mn	£300mn	£325mn	£350mn	£375mn	£400mn	£425mn	£450mn	£475mn	£500mn
AMC top quartile	200	340	510	680	850	1,020	1,190	1,360	1,530	1,700	1,870	2,040	2,210	2,380	2,550	2,720	2,890	3,060	3,230	3,400
AMC median	175	325	488	600	750	900	1,050	1,200	1,350	1,500	1,650	1,800	1,950	2,100	2,250	2,400	2,550	2,700	2,850	3,000
AMC bottom quartile	158	315	473	550	688	825	910	1,040	1,170	1,300	1,430	1,560	1,690	1,820	1,950	2,080	2,210	2,340	2,470	2,600

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	OCF per annum (£,000)
	£25mn	£50mn	£75mn	£100mn	£125mn	£150mn	£175mn	£200mn	£225mn	£250mn	£275mn	£300mn	£325mn	£350mn	£375mn	£400mn	£425mn	£450mn	£475mn	£500mn
OCF top quartile	253	395	593	720	900	1,080	1,260	1,440	1,620	1,800	1,980	2,160	2,340	2,520	2,700	2,880	3,060	3,240	3,420	3,600
OCF median	198	345	518	650	813	975	1,050	1,200	1,350	1,500	1,650	1,800	1,950	2,100	2,250	2,400	2,550	2,700	2,850	3,000
OCF bottom quartile	158	315	473	620	775	930	963	1,100	1,238	1,375	1,513	1,650	1,788	1,925	2,063	2,200	2,338	2,475	2,613	2,750

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mandates which comprise a range of physical goods, eg foodstuffs such as wheat as well as metals or energy and raw materials such as oil. The approach is typically implemented via derivatives. Actively managed.