What is the significance of the color of the bars in the Category Rankings
column?
This column
provides a quick look at the fund’s performance within its Investment Category
group for the last 5 years. Each bar represents the funds quintile rank (1, 2,
3, 4, or 5) of its performance for that year within its Investment Category
group.
It can be very useful as it allows you to see at a glance, for example, whether
over the last 5 years a given fund was consistently in the top fifth of funds in
the same Category or not.
A different color
is simply assigned to each quintile (1, 2, 3, 4, or 5) instead of using just the
height of each bar. Red means the fund was in the top 5th quintile, and so on
and so forth.
You can change the Category Rankings colors by clicking on Menu/Pages/Global Options…/Graph Colors.