Best unit trust funds in SA

January 27 2011 at 10:00am

Source: IOL Best unit trust funds in SA 2011

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The Raging Bull Awards 2011, which recognised the country’s top-performing unit trust funds for 2010, took place at The Wanderers Club in Johannesburg last night. And the winners are ...

AWARD WINNERS

TOP MANAGEMENT COMPANIES OF THE YEAR

The unit trust management companies with the most impressive and most consistent overall performance across their suites of funds, taking into account all factors (performance, risk management and consistency).

Methodology: The award is based on the highest average PlexCrown rating for the suite of funds managed by each management company. Passive funds and funds in non-ranked sectors (for example, varied specialist sectors) are not taken into account.

Domestic Management Company of the Year: ALLAN GRAY

The South African-domiciled management company with the best overall performance across unit trust sectors that consist of a suite of five or more rand-denominated funds with at least three years’ history.

Certificate for Second-best Domestic Management Company: NEDGROUP INVESTMENTS

Certificate for Third-best Domestic Management Company: PRUDENTIAL

Offshore Management Company of the Year: INVESTEC

The overseas-domiciled management company with the best overall performance across unit trust sectors that consist of a suite of five or more non-rand-denominated funds with at least three years’ history.

TOP OUTRIGHT PERFORMERS

The top performers to December 2010 on a straight performance basis in asset- and sector-specific Asisa categories (including the main asset allocation sectors).

Methodology: Funds are ranked on a three-year lump sum NAV to NAV basis (in other words, entry costs are not taken into account), with income distributions reinvested at the ex-dividend date). Calculations by ProfileData.

Best Broad-based Domestic Equity Fund: MARRIOTT DIVIDEND GROWTH FUND

The fund with the highest ProfileData total investment return ranking over three years in the Asisa domestic equity general, value and growth sectors.

Best Domestic Fixed-Interest Fund: NEDGROUP INVESTMENTS BOND FUND (A class)

The fund with the highest ProfileData total investment return ranking over three years in the Asisa domestic fixed-interest bond and income sectors.

Best Foreign (South African-domiciled) Equity Fund: ALLAN GRAY-ORBIS GLOBAL EQUITY FEEDER FUND

The fund with the highest ProfileData total investment return ranking over three years in the Asisa foreign equity general sector.

Best Offshore Global Equity Fund: RE:CM GLOBAL FUND

The fund with the highest ProfileData total investment return ranking over three years in ProfileData’s offshore global equity general sector.

TOP RISK-ADJUSTED PERFORMERS

Top performers to December 2010 on a risk-adjusted basis in the asset allocation and real estate sectors, plus the largest other Asisa unit trust sectors based on market capitalisation. The PlexCrown system, which incorporates risk-adjusted returns and consistency of performance, is used to rank funds for these awards.

Methodology: The PlexCrown system combines risk-adjusted returns based on performance statistics from ProfileData with standard risk measures, consistency measures, and measures of downside risk and managerial skill. Performance over five- and three-year periods is taken into account.

Best Domestic Asset Allocation Flexible Fund: PSG FLEXIBLE FUND

The fund with the highest PlexCrown rating over five years in the Asisa domestic asset allocation flexible sector.

Best Domestic Asset Allocation Prudential Fund: DOTPORT STABLE PRUDENTIAL FUND OF FUNDS

The fund with the highest PlexCrown rating over five years in the Asisa domestic asset allocation prudential high equity, medium equity, low equity and variable equity sectors.

Best Domestic General Equity Fund: ABSA SELECT EQUITY FUND

The fund with the highest PlexCrown rating over five years in the Asisa domestic equity general sector.

Best Offshore Global Asset Allocation Fund: ASHBURTON REPLICA EURO ASSET MANAGEMENT FUND

The fund with the highest PlexCrown rating in ProfileData’s offshore global asset allocation flexible and prudential sectors.

CERTIFICATE WINNERS

TOP OUTRIGHT PERFORMERS OVER THREE YEARS

DOMESTIC FUNDS

Best Domestic Equity General Fund: MARRIOTT DIVIDEND GROWTH FUND

Best Domestic Equity Growth Fund: RMB STRATEGIC OPPORTUNITIES FUND (A class)

Best Domestic Equity Industrial Fund: CORONATION INDUSTRIAL FUND

Best Domestic Equity Financial Fund: CORONATION FINANCIAL FUND

Best Domestic Equity Resources and Basic Industries Fund: OLD MUTUAL MINING AND RESOURCES FUND (A class)

Best Domestic Equity Smaller Companies Fund: RMB SMALL MID-CAP FUND

Best Domestic Equity Value Fund: NEDGROUP INVESTMENTS VALUE FUND (A class)

Best Domestic Asset Allocation Flexible Fund: PSG FLEXIBLE FUND

Best Domestic Asset Allocation Prudential Fund: CORONATION BALANCED DEFENSIVE FUND
(Includes the prudential high equity, medium equity, low equity and variable equity sectors)

Best Domestic Fixed-Interest Bond Fund: NEDGROUP INVESTMENTS BOND FUND

Best Domestic Fixed-Interest Income Fund: STANLIB INCOME FUND

Best Domestic Real Estate Fund: DISCOVERY FLEXIBLE PROPERTY FUND

FOREIGN FUNDS

Best Foreign Fixed-Interest Bond Fund: CORIS CAPITAL INTERNATIONAL BOND FEEDER FUND

Best Offshore Europe Equity General Fund: FRANKLIN EUROPEAN GROWTH FUND

Best Offshore Far East Equity General Fund: ORBIS SICAV ASIA EX-JAPAN EQUITY FUND

Best Offshore USA Equity General Fund: FRANKLIN US OPPORTUNITIES FUND

Best Offshore Global Fixed-Interest Bond Fund: INVESTEC GSF GLOBAL BOND FUND

TOP RISK-ADJUSTED PERFORMERS OVER FIVE YEARS

DOMESTIC FUNDS

Best Worldwide Asset Allocation Flexible Fund: FLAGSHIP IP WORLDWIDE FLEXIBLE FUND OF FUNDS

Best Foreign Asset Allocation Flexible Fund: ALLAN GRAY-ORBIS GLOBAL FUND OF FUNDS

Best Domestic Asset Allocation Prudential Medium Equity Fund: ABSA BALANCED FUND (A class)

Best Domestic Asset Allocation Prudential Low Equity Fund: METROPOLITAN ODYSSEY CONSERVATIVE FUND OF FUNDS

Best Domestic Asset Allocation Prudential Variable Equity Fund: DOTPORT STABLE PRUDENTIAL FUND OF FUNDS

Best Domestic Fixed-Interest Bond Fund: NEDGROUP INVESTMENTS BOND FUND (A class)

Best Foreign Equity General Fund: ALLAN GRAY-ORBIS GLOBAL EQUITY FEEDER FUND

Best Real Estate Fund: STANLIB PROPERTY INCOME FUND

(The fund with the highest PlexCrown rating over five years in the Asisa domestic real estate general sector)

FOREIGN FUNDS

Best Offshore Global Fixed-Interest Bond Fund: INVESTEC GSF GLOBAL BOND FUND

Best Offshore Global Equity Fund: FRANKLIN GLOBAL SMALL-MID CAP GROWTH FUND

Source: ProfileData