TristarInsurance opened its doors on the 1st of December 2002. TristarInsurance company was born out of a joint venture of the then First Mutual Limited now known as Afre Corporation, Trust Holdings and Beverly Building Society (Red Door Insurance Services). In 2007, Afre Corporation bought out Trust ... More Details »
The ratio of annual return minus the risk free rate of return (e. g. long term government bond yield) and the annualized standard deviation. The Sharpe ratio is an example of a risk-adjusted return. This is a measure that describes the efficiency or value added by the manager for each unit of risk taken.