The 2024 Morningstar Awards for Investing Excellence South Africa have been announced. The awards recognise those funds and asset managers that have served investors well over the long term and which Morningstar’s Manager Research team believes will be able to deliver competitive risk-adjusted returns over time.
“The Morningstar Awards for Investing Excellence are designed to recognise the industry’s best fund offerings and investor-centric firms. With our new methodology being used across 24 markets globally, we look forward to rolling out these research-driven awards to the South African market for the first time in 2024,” said Tal Nieburg, Managing Director of Morningstar South Africa.
The Morningstar Awards for Investing Excellence winners are chosen based on research and in-depth qualitative evaluation by Morningstar’s manager research group. In South Africa, there are two types of Morningstar awards: the Morningstar Category Awards and the Morningstar Asset Manager Awards. The full methodology for the awards is available here.
The winners of the Morningstar Awards for Investing Excellence South Africa will be announced on 14 March 2024.
The finalists for the 2024 Morningstar Awards for Investing Excellence South Africa are:
| Morningstar Category Awards | Finalist |
| Best Bond Fund | M&G Bond Fund Truffle SCI Income Plus Fund STANLIB Flexible Income Fund |
| Best Cautious Allocation Fund | FNB Stable FoF H4 Stable Fund PSG Wealth Preserver FoF |
| Best Moderate Allocation Fund | Aeon Balanced Prescient Fund GraySwan SCI Moderate FoF Ninety One Opportunity Fund |
| Best Flexible Allocation Fund | Nedgroup Investments Global Flexible Feeder Fund Platinum BCI Worldwide Flexible Fund Sygnia Skeleton Worldwide Flexible Fund |
| Best Aggressive Allocation Fund | Denker SCI Balanced Fund GraySwan SCI Aggressive FoF H4 Growth Fund |
| Best South Africa Equity Fund | 36ONE BCI Equity Fund Fairtree Select Equity Prescient Fund M&G Dividend Maximiser Fund |
| Best Global Equity Fund | Artisan Global Value Fund Baillie Gifford Worldwide Long Term Global Growth Fund Dodge & Cox Worldwide Global Stock Fund |
| Morningstar Asset Manager Awards | Finalist |
| Best Asset Manager | Camissa Asset Management |
| Best Asset Manager | Fairtree Asset Management |
| Best Asset Manager | Schroder Investment Management |
“These awards are designed to recognise the industry’s fund offerings and investor-centric firms which Morningstar’s Manager Research team believes will be able to deliver strong risk-adjusted returns in the longer term. Using the Morningstar Medalist Rating, our manager research team carefully decides the finalists across individual fund markets,” Nieburg added.
Methodology
These awards are determined by a combination of risk-adjusted medium- to long-term performance track records and Morningstar’s forward-looking rating for funds, the Morningstar Medalist Rating™ including its Parent pillar component. The Medalist Rating is set on a five-tier scale running from Gold, Silver, Bronze, Neutral and Negative at the share class level. The full methodology for the awards is available here.
For any enquiries regarding Morningstar’s Awards for Investing Excellence, kindly contact Morningstar via awards.za@morningstar.com
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