March 20, 2019

Morningstar Announces Fund and Fund House Winners for 2019 UK Fund Awards

LONDON, 20 March—Morningstar UK Limited, a subsidiary of Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, has announced the fund and fund group winners of its 2019 UK Fund Awards.   

The annual Morningstar UK Fund Awards recognise the retail funds and fund groups that added the most value for investors within the context of their relevant peer group in the previous year. Morningstar selects the winners using a quantitative methodology, and eligible funds require a five-year performance track record. Weightings to one-, three-, and five-year performance are factored into the methodology, along with a qualitative overlay.

“This year’s winners of the Morningstar UK Fund Awards adopted a long-term approach to investing that ultimately helped investor returns within the context of their relevant peer group”, said Jonathan Miller, Director, Manager Research Ratings, UK. “The primary purpose of these quantitatively driven Morningstar awards is to recognise funds and fund houses shown to have the ability to earn strong long-term returns without undue risk. We are strong advocates of applying patience as a key element of a successful investment strategy.”

The winners of the 2019 Morningstar UK Fund Awards are:

FUND CATEGORY AWARDS:


WINNERS:

Best Europe Equity Fund


Fidelity European W Inc

Best Global Equity Fund


iShares Edge MSCI World Minimum Volatility ETF

Best UK Equity Fund


Liontrust Special Situations I Inc

Best UK Small/Mid-Cap
Equity Fund


Castlefield CFP SDL UK Buffettology Inst Inc

Best GBP Bond Fund


BlackRock Corporate Bond D Inc

Best GBP Allocation Fund


MI Hawksmoor Distribution C Inc

FUND HOUSE AWARDS:


WINNERS:

Best Equity Fund House


First State

Best Fund House: Overall


First State

Best Fixed-Income Fund
House


Fidelity

Notes to Editors:
The Morningstar fund category and fund house awards are based on Morningstar fund data as at 31 December 2018. The awards methodology emphasises the one-year period, but funds must also have delivered strong three- and five-year returns after adjusting for risk within the award peer groups in order to obtain an award. In selecting winners, fund returns are adjusted for risk using the Morningstar Risk, a measure which imposes a higher penalty for downside variation in a fund’s return than it does for upside volatility. For the full Morningstar Awards methodology, please click here

References to and commentary on the above-mentioned funds should not be considered a solicitation to buy or sell that fund.

About Morningstar, Inc.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for individual investors, financial advisors, asset managers, retirement plan providers and sponsors, and institutional investors in the private capital markets. Morningstar provides data and research insights on a wide range of investment offerings, including managed investment products, publicly listed companies, private capital markets, and real-time global market data. Morningstar also offers investment management services through its investment advisory subsidiaries, with more than US$193 billion in assets under advisement and management as of Dec. 31, 2018. The company has operations in 27 countries. For more information, visit https://www.morningstar.com/en-uk/company. Follow Morningstar on Twitter @MorningstarInc.

Media Contact:

Mimi Celeste Taylor, +44 (0)20 3107 0109 or mimiceleste.taylor@morningstar.com   

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