Morningstar, Inc., a leading provider of independent investment research, yesterday announced the winners for its Morningstar Awards Luxembourg 2021.

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 2020 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. 

Jeffrey Schumacher, Director of Manager Research EMEA for Morningstar, commented: “This year’s winners have clearly demonstrated their skills and added value for investors. These funds and fund companies have not only delivered strong returns in 2020, but also outperformed their peers over the past five years without taking undue risk. They are among the best performers within their category, based on their excellent risk-adjusted returns".

The winners of the Morningstar Awards Luxembourg 2021 are:

FUND CATEGORY AWARDS:                                     WINNERS:

Best EUR Allocation Fund                                             Amundi Funds – Global Multi-Asset Conservative A EUR C

Best EUR Fixed-Income                                                BlueBay Investment Grade Euro Aggregate Bond Fund R EUR

Best Europe Equity Fund                                              DNCA Invest Europe Growth A EUR

Best Global Equity Fund                                                Fidelity Global Focus Fund A-Dis-USD


FUND HOUSE AWARDS:                                            WINNERS:

Best Fund House: Equity                                               Financière de l’Echiquier

Best Fund House: Fixed-Income                                  Capital Group

Best Fund House: Overall                                              iShares

The Morningstar Luxembourg Fund Awards winners were announced by video series from 16-18 March 2021 on