PARIS,
27 March 2019—Morningstar France Fund Information, a subsidiary of Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today announced the winners for its 2019 France Fund Awards.
The annual awards recognise the retail funds and fund houses that added the most value for investors within the context of their relevant peer group in the previous year and over longer time periods.
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.
“This year’s winners
have clearly demonstrated their skills and added value for investors,
” said Mathieu Caquineau, CFA, Associate Director of Manager Research, Morningstar France Fund Information. “The winning funds and fund houses relied on experience and solid fund management strategies to deliver strong returns for investors
in challenging market conditions.”
The winners for the 2019 Morningstar France Fund Awards are:
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FUND HOUSE AWARDS:
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WINNERS
:
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Best Fund House: Equity
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Unigestion
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Best Fund House: Fixed-Income
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T. Rowe Price
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Best Fund House: Overall
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First State Investments
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FUND CATEGORY AWARDS:
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RANKING:
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NAME:
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FUND COMPANY:
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Best EUR Allocation Fund
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Winner
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Tikehau Income Cross Assets P
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Tikehau Investment Management
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Nominee
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BL-Global 75 A EUR
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BLI - Banque de Luxembourg Investments SA
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Nominee
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JSS GlobalSar Growth EUR P EUR acc
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J. Safra Sarasin Fund Management (Luxembourg) S.A.
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Best EUR Fixed-Income Fund
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Winner
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BlackRock Global Funds - Euro Corporate Bond Fund D2 EUR
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BlackRock (Luxembourg) SA
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Nominee
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PIMCO GIS Euro Bond Investor EUR Acc
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PIMCO Global Advisors (Ireland) Limited
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Nominee
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BlackRock Global Funds - Euro Bond D2
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BlackRock (Luxembourg) SA
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Best Europe Equity Fund
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Winner
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Odey European Focus A EUR Inc
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Odey Asset Management LLP
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Nominee
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MFS Meridian European Value A1 EUR
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MFS Meridian Funds
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Nominee
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Ossiam iSTOXX EurMiniVar NR ETF 1C
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OSSIAM
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Best France Large-Cap Equity Fund
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Winner
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CD France Expertise
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Cholet Dupont Asset Management
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Nominee
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BSO France P
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Saint Olive Gestion
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Nominee
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Amundi ETF MSCI France A/I
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Amundi Asset Management
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Best France Small/Mid-Cap Equity Fund
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Winner
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Moneta Micro Entreprises C
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Moneta Asset Management
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Nominee
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Tiepolo Rendement C
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La Financière Tiepolo
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Nominee
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Tiepolo PME C
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La Financière Tiepolo
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Best Global Equity Fund
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Winner
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Comgest Growth World USD Acc
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Comgest Asset Management Intl Ltd
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Nominee
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JOHCM Global Opportunities A USD Inc
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J O Hambro Capital Management Limited
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Nominee
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State Street Global Managed Volatility Equity P USD Acc
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State Street Global Advisors Funds Management Limited
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- Ends -
Notes to Editors:
The Morningstar fund category and fund house awards are based on Morningstar fund data as at 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 award peer groups in order to obtain an award. In selecting winners, fund returns are
adjusted for risk using the Morningstar Risk, measure, which imposes a higher penalty for downside variation in a fund’s return than it does for upside volatility.
F
or the full methodology, please
click here
.
Some of the winning funds hold a Morningstar Analyst Rating. Morningstar Analyst Ratings are subjective in nature and should not be used as the sole basis for investment decisions. Analyst
Ratings are based on Morningstar’s current expectations about future events and therefore involve unknown risks and uncertainties that may cause Morningstar’s expectations not to occur or to differ significantly from what was expected. Morningstar does not represent its Analyst Ratings to be guarantees nor should they be viewed as an assessment of a fund’s or the fund’s underlying securities’ creditworthiness.
References to and commentary on the above-mentioned funds should not be considered a solicitation to buy or sell that fund.
Past performance is no guarantee of future results.
About Morningstar France Fund Information and Morningstar, Inc.
Morningstar France Fund Information is a subsidiary Morningstar, Inc., a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for individual investors, financial advisors, asset managers, retirement plan providers and sponsors, and institutional investors in the private capital markets. Morningstar provides data and research insights on a wide range of investment offerings, including managed investment products, publicly listed companies, private capital markets, and real-time global market data. Morningstar also offers investment management services through its investment advisory subsidiaries, with more than USD $193 billion in assets under advisement and management as of 31 December 2018. The company has operations in 27 countries. For more information, visit
www.morningstar.com/fr-fr/company. Follow Morningstar on Twitter
@morningstarfr.
# # #
Media Contact:
Jocelyn Jovene, +33 1 55 50 13 12 or jocelyn.jovene@morningstar.com
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