2024 Morningstar Fund Awards Winners
Morningstar Announces Winners for 2024 Morningstar Awards for Investing Excellence – Singapore
SINGAPORE, 18 March 2024 -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced the winners for the 2024 Morningstar Awards for Investing Excellence – Singapore. The awards recognise 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 strong risk-adjusted returns over time.
“The Morningstar Awards for Investing Excellence commends the industry’s fund offerings and investor-centric firms. Based on Morningstar’s forward-looking ratings for funds, the Morningstar manager research team carefully select the winners across equity and fixed income categories, as the leading funds within Singapore for investors. We’d like to congratulate all winners of this year’s awards.” said Wing Chan, Head of Manager Research, Europe and Asia Pacific, Morningstar Inc.
There are three types of Morningstar awards: the Morningstar Category Awards, the Morningstar Asset Manager Awards, and the Morningstar Asset Manager Sustainable-Investing Awards.
The 2024 Morningstar Awards for Investing Excellence award winners in Singapore are:
|
Morningstar Category Awards |
Winner |
|
Best Global Equity Fund |
Fidelity Global Dividend SR-Acc-SGD Morningstar Medalist Rating: Bronze |
|
Best Asia Equity Fund |
Schroder Asian Equity Yield A Morningstar Medalist Rating: Silver |
|
Best Global and Asian Bond Fund |
PIMCO GIS Global Bond Fund E Class Accumulation Shares USD Morningstar Medalist Rating: Bronze |
|
Morningstar Asset Manager Awards |
Winner |
|
Best Asset Manager |
Dimensional Fund Advisors Pte. Ltd. |
|
Morningstar Asset Manager Sustainable-Investing |
Winner |
|
Best Asset Manager - Sustainable-Investing |
BNP Paribas Asset Management |
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 Morningstar Asset Manager – Sustainable Investing Awards are determined by a combination of Morningstar’s qualitative and quantitative sustainability research capabilities. The full methodology for the awards is available here.
