An earlier article about the Morningstar awards incorrectly linked the 2019 media release. Here is the correct 2020 release – congratulations to the winning funds and apologies for publishing the incorrect media release.
Independent investment research company Morningstar Research (Pty) Limited, a subsidiary of Morningstar, Inc. named the winners of its 2020 South Africa Fund Awards late last week.
The winners for the 2020 Morningstar South Africa Fund Awards are:
|Fund Category Awards:||Winners:|
|Best Aggressive Allocation Fund||Kagiso Balanced|
|Best Bond Fund||Allan Gray Bond|
|Best Cautious Allocation Fund||ABSA Inflation Beater|
|Best Flexible Allocation Fund||Select BCI Worldwide Flexible|
|Best Global Equity Fund||Nedgroup Global Equity|
|Best Moderate Allocation Fund||Sasfin BCI Balanced|
|Best South Africa Equity Fund||Kagiso Equity Alpha|
Fund House Awards:
|Best Fund House: Larger Fund Range||Investec Asset Management|
|Best Fund House: Smaller Fund Range||Fairtree Asset Management|
“The winners of this year’s South Africa Fund Awards demonstrate the value of a solid long-term investment strategy at a time when domestic and international markets are battling turbulent macro-economic and political headwinds,” said Tal Nieburg, Managing Director for Morningstar South Africa. “The winning funds and fund houses demonstrated the ability to earn strong risk-adjusted returns for investors over a sustained period, while avoiding undue risk.”
Click here to download the 2020 media release.