Morningstar has announced the winning funds and fund houses for its 2017 Singapore Fund Awards.   

The annual Morningstar Singapore Fund Awards are designed to help investors identify the retail funds and fund houses that added the most value for investors within the context of their relevant peer group in 2016 and over longer time periods. Morningstar selects the winners using a quantitative methodology with a qualitative overlay that considers the one-, three-, and five-year performance history of all eligible funds, and adjusts returns for risk using Morningstar Risk, a measure that imposes a higher penalty for downside variation in a fund’s return than it does for upside volatility. 

“Over the years, we have earned trust from investors because we translate a flood of information into research that gives them the stories behind investments and the context to make informed decisions,” Nick Cheung, Chief Executive Officer for Morningstar in Asia, said. “It’s our honor to recognize outstanding achievement in investment management again this year through the Morningstar Awards.”