Morningstar Announces 2021 South Africa Fund Award Finalists

Image: Eminetra South Africa

Independent investment research company Morningstar Research (Pty) Limited, a subsidiary of Morningstar, Inc. (NASDAQ: MORN) has named the finalists of its 2021 South Africa Fund Awards.

Morningstar selects the finalists using a quantitative methodology with a qualitative overlay that considers the one-, three-, and five-year performance history of all eligible funds, and adjusts returns for risk using Morningstar Risk, a measure that imposes a higher penalty for downside variation in a fund’s return than it does for upside volatility. For the full Morningstar Awards methodology, please click here.

The winners for the 2021 Morningstar South Africa Fund Awards will be announced in the coming weeks.

The finalists for the 2021 Morningstar South Africa Fund Awards are:

FUND CATEGORY AWARDS:	FINALISTS:

Best Aggressive Allocation Fund	Prescient Living Planet
	Sygnia Skeleton Balanced


Best Bond Fund	ABSA Bond
	Nedgroup Investments Core Bond


Best Cautious Allocation Fund	ABSA Inflation Beater
	Select BCI Cautious


Best Flexible Allocation Fund	Coronation Optimum Growth
	Long Beach Flexible Prescient


Best Global Equity Fund	Sanlam Anchor Global Equity
	Schroder ISF Global Equity


Best Moderate Allocation Fund	Discovery Moderate Dynamic Asset
	Sasfin BCI Balanced


Best South Africa Equity Fund	Coronation Equity
	Rezco Equity

FUND HOUSE AWARDS:	FINALISTS:

Best Fund House: Larger Fund Range	Coronation
	Satrix
	Sygnia

Best Fund House: Smaller Fund Range	Fairtree
	Kagiso
	Truffle

ADC Editor

+ posts

Thanks for reading and for your interest in Africa. Content is produced in collaboration between Africa.com’s editorial team and our partners — including nongovernmental organizations, private sector stakeholders, agencies and institutions. If you are interested in telling stories in an impactful way to shine a spotlight on a particular issue, please email editor@africa.com. We look forward to hearing from you.