The annual Morningstar Malaysia Fund Awards are designed to help investors identify the funds that added the most value for investors within the context of their relevant peer group in 2018 and over longer time periods. Morningstar selects the winners 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.
“Investing is not just an opportunity, but a responsibility. Through the years, we’ve expanded our presence in global markets where investors need an independent view they can trust,” said Nick Cheung, Chief Executive Officer for Morningstar in Asia. “It’s our honor to recognize outstanding achievements in investment management again this year through the Morningstar Awards.”
“A defining feature of this year’s winners was their ability to deliver excellent peer-relative returns over three- year periods, while managing to help insulate investors from severe drawdowns during volatile market conditions in 2018,” said Wing Chan, Morningstar’s Director of Manager Research Practice, EMEA & Asia. “These funds have demonstrated their ability to earn strong returns over the long term without undue risk. We believe that taking a patient, long-term view to investing will help investors reach their financial goals.”
The winners of the 2019 Morningstar Malaysia Fund Awards are:
|
FUND CATEGORY AWARDS: |
WINNERS: |
|
Best Asia-Pacific Equity Fund |
Affin Hwang Select Asia Pacific (ex Japan) Dividend Fund |
|
Best Malaysia Bond (Syariah) Fund |
AmBon Islam |
|
Best Malaysia Bond Fund |
AmDynamic Bond |
|
Best Malaysia Large-Cap Equity (Syariah) Fund |
PMB Shariah Premier Fund |
|
Best Malaysia Large-Cap Equity Fund |
Kenanga Blue Chip |
Notes:
The Morningstar fund category awards are based on Morningstar fund data as of 31 December 2018. The awards methodology emphasises the one-year period, but funds must also have delivered strong three- and five-year returns after adjusting for risk within the awards peer groups in order to obtain an award. For the full methodology, please click here.
View all Morningstar Malaysia Fund Awards 2019 articles here.
