DAYOSS Groups

DAYOSS has developed a proprietary technique to group each fund according to its historical behavior and performance  only without regard to the stated objective of the fund, as the latter can misleading and we favor a data-driven approach over a pre-label driven one. For example, a general precious metals miners fund whose behavior shows a strong exposure to gold miners could be grouped with gold miners. Or, for example, a broad equity fund that is behaving more like a growth-biased equity fund could be grouped with other growth funds over broad equities.

Group Names

Group keywords are extracted from the textual data of the funds in the group and combined to create a group name. Different groups whose primary keywords are identical are given an added number at the end in order to distinguish them. For example, a fund in large gold mining companies and one in smaller or ancillary gold mining companies could have sufficiently different data to warrant being separate groups. But, as they would have the same primary keywords “gold mining”, DAYOSS will then name them Gold-Miners1 and Gold-Miners2 respectively.