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Winners of Morningstar South Africa Fund Awards announced
Morningstar annually recognises unit trusts that have delivered excellent risk-adjusted returns for investors. The Morningstar Awards are designed to help investors identify the country's most exceptional funds and fund managers for the previous year.
"This is the sixth year we have awarded fund and fund groups in South Africa for adding the most value for investors," Tal Nieburg, managing director for Morningstar in South Africa, said. "As part of our mission to help investors reach their financial goals, we recognise the fund options that have excelled in delivering outstanding risk-adjusted outcomes in their categories, and the fund houses that have achieved impressive returns for their investors."
The winners for the 2015 Morningstar South Africa Fund Awards are:
Best Aggressive Allocation Fund - Nedgroup Investments Core Diversified
Best Cautious Allocation Fund - Prudential Inflation Plus
Best Diversified Bond Fund - ABSA Multi-Managed Bond
Best Flexible Allocation Fund - Centaur BCI Flexible
Best Global Bond Fund - STANLIB Global Bond Feeder Fund
Best Global Equity Fund - Old Mutual Global Equity
Best Indirect Property Fund - ABSA Property Equity
Best Moderate Allocation Fund - 27four Balanced Prescient Fund of Funds
Best Regional Offshore Equity Fund - db x-trackers MSCI USA
Best Sector Equity - Coronation Industrial
Best Short-Term Bond Fund - Coronation Strategic Income
Best South Africa Equity Fund - Harvard House BCI Equity
Best South Africa Small-Cap Equity Fund - Nedgroup Investments Entrepreneur
Best Fund House: Larger Fund Range - Coronation Fund Managers
Best Fund House: Smaller Fund Range - Foord Asset Management