The annual Morningstar Hong Kong 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 2015 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.
The winners of the 2016 Morningstar Hong Kong Fund Awards are:
|
FUND CATEGORY AWARDS: |
WINNERS: |
|
Best Asia Bond Fund |
ABF Pan Asia Bond Index Fund |
|
Best Asia-Pacific Equity Fund |
First State Asia Innovation I USD |
|
Best Global Equity Fund |
BNY Mellon Global Opportunities Fund – USD B |
|
Best Greater China Equity Fund |
Neuberger Berman China Equity USD A Acc |
|
Best Hong Kong Equity Fund |
Tracker Fund of Hong Kong |
|
FUND HOUSE AWARDS: |
WINNERS: |
|
Best Equity Fund House |
First State Investments |
|
Best Fixed-Income Fund House |
HSBC Global Asset Management |
|
MANDATORY PROVIDENT FUND (MPF) SCHEME AWARDS: |
WINNERS: |
|
Best MPF Scheme |
Fidelity Retirement Master Trust |
The finalists for Best MPF Scheme Award are Invesco Strategic MPF Scheme and Manulife Global Select (MPF) Scheme.
Notes:
The Morningstar fund category and fund house awards are based on Morningstar fund data as of 31 December 2015. 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 awards peer groups in order to obtain an award. For the full category and fund house awards methodology, please click here. For the MPF scheme award methodology, please click here.
