Morningstar Malaysia Fund Awards 2021 recognised top participating organisations in the country that brought best value to investors in 2020.

AmanahRaya Unit Trust Fund (Bond Fund) & AmanahRaya Syariah Trust Fund (Syariah Bond Fund) took home two awards at the Morningstar Malaysia Fund Awards 2021, which were the Best Malaysia Bond Fund and Best Malaysia Bond (Syariah) Fund.

Affin Hwang Select Asia Pacific (ex Japan) Dividend Fund bagged the Best Asia-Pacific Equity Award meanwhile Public Industry Growth Fund and Public Islamic Alpha-40 Growth Fund received the Best Malaysia Large-Cap Equity Fund and Best Malaysia Large- Cap Equity (Syariah) Fund, respectively.

The Selection Methodology

The annual awards recognise the retail funds that have added the most value for investors in 2020 and longer time periods.

The selection method used a quantitative methodology with a qualititative overlay. The awards were also weighing on one-, three-, and five-year risk-adjusted performance of the retail funds.

When selecting winners, fund returns are risk adjusted based on Mornigstar Risk, a measure which brings a higher penalty for downside variation in a fund’s returns than it does for upside volatility.

Chief Executive Officer (CEO) of Morningstar Asia Limited, Nick Cheung

Morningstar Asia Commentary

Chief Executive Officer (CEO) of Morningstar Asia Limited, Nick Cheung said the market volatility due to the pandemic in 2020 contribute to the importance for investors to maintain their perspective and staying on course.

“The 2021 Morningstar Fund Awards winners stand out for their ability to serve the best interests of investors and deliver excellent returns over the longer term. We applaud all winners for their outstanding achievements,” – Chief Executive Officer (CEO) of Morningstar Asia Limited, Nick Cheung

For Morningstar’s Director of Manager Research Practice, EMEA & Asia, Wing Chan, with a year of exceptional market performance and global financial markets experiencing strong economic rebound this year, investors are advised to be mindful of asset valuations and risk of market pullback due to the increasing risk appetite.

“This year’s winners demonstrated their abilities to navigate through turbulent times and delivered competitive long-term results for investors,” – Morningstar’s Director of Manager Research Practice, EMEA & Asia, Wing Chan

About Morningstar Asia Limited

Mornigstar Asia Limited is a subsidiary of Morningstar, Inc. (NASDAQ:MORN), a leading provider of independent investment research in Australia, Asia, Europe and North America.

They offers a line of services and products for financial advisors, individual advisors, retirement plan providers and sponsors, asset managers, and institutional investors in the private capital markets.

They also provide data and research insights for a wide range of investment offerings that include private capital markets, real-time global market data, managed investment products and public listed companies.

Do share your investing experience if you have been investing with any of the winners!

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