2020 Morningstar Fund Awards Singapore Winners

SINGAPORE, Morningstar Investment Adviser Singapore Pte. Limited, a subsidiary of Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, has announced the winning funds and fund houses for its 2020 Morningstar Fund Awards Singapore.

The annual Morningstar Singapore Fund Awards recognise retail funds and fund houses that have added the most value for investors within the context of their relevant peer group in 2019 and over longer time periods. Morningstar selects the winners using a quantitative methodology, along with a qualitative overlay. Weightings to one-, three-, and five-year risk-adjusted performance are factored into the methodology.

“Morningstar’s Annual Awards highlight the quality and breadth of investments available for investors in each region,” said Nick Cheung, Chief Executive Officer for Morningstar in Asia. “Our 2020 winners have been great drivers of investor success. It is our honor to recognize their outstanding achievements and commitments to investors.”

“The 2019 rally in both equities and bonds has rewarded investors handsomely, however it was also one of the more unpredictable periods in history, with low interest rates, heightened geopolitical uncertainty, and stretching asset valuations continuing to worry investors,” said Wing Chan, Morningstar’s Director of Manager Research Practice, EMEA & Asia. “The Awards winners, across our equity and fixed income categories, have proved their ability to deliver market-beating returns over the long term without undue risk.”

The winners of the 2020 Morningstar Fund Awards Singapore are:



WINNERS:

Best Asia-Pacific Equity Fund :
Allianz Oriental Income AT SGD


Best Global Equity Fund :
Fidelity Global Focus A-USD


Best Greater China Equity Fund :
UBS (Lux) Equity China Opportunity (USD) (SGD) P-Acc


Best Singapore Equity Fund :
Schroder Singapore Trust SGD A Dis


Best Asia Bond Fund :
Legg Mason Western Asset Asian Opportunities Fund (Class A USD Acc)


FUND HOUSE AWARDS:



Best Equity Fund House :
Wells Fargo Asset Management


Best Fixed Income Fund House :
Capital Group