Relative Category

The breakdown by asset type of the portfolio compared to the average of all of the funds in its Morningstar Category. For example, if the Median Market Cap (Mil) of a fund is 2000 and the Relative Category column says 0.5, the fund’s median market cap is about half that of the category average. A second example looks at the Regional Breakdown of a fund. If in the UK row, the “% of Equity” column for the fund reads 10% and the Relative Category column says 5.0, the fund has approximately five times as much of its assets invested in the UK than does the average fund in its Morningstar category.
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