Home FCA Handbook DISC DISC 5 DISC 5.4 Ranking on a volatility scale
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DISC 5.4 Ranking on a volatility scale

06/04/2026R

The output of the calculation set out in DISC 5.2 or DISC 5.3, as applicable, must be used to compute the initial risk and return of the consumer composite investment by applying it to the following grid of annualised volatility intervals, reflecting the increasing level of risk carried by the consumer composite investment and its position in the volatility scale:

Risk class

Annualised volatility interval

1

0% to <0.5%

2

0.5% to <2%

3

2% to <5%

4

5% to <9%

5

9% to <12%

6

12% to <16%

7

16% to <20%

8

20% to <30%

9

30% to <50%

10

50% and above