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 www.investmentofficer.lu.