Bangkok--4 Apr--Morningstar
Morningstar, Inc., a leading provider of independent investment research, today announced the winners for Morningstar Thailand Fund Awards 2010 . Morningstar presents four awards, including two awards for equity funds and two awards for fixed-income funds .
"This is second consecutive year we present the Morningstar Thailand Fund Awards to recognise retail funds that added the most value for investors within the context of their relevant peer group in 2010 and over the longer term. Morningstar looks for managers who not only produced great performance but also succeed in limiting downside risk relative to peers over a three-year period," said Peet Yongvanich, managing director of Morningstar Research (Thailand).
Fund performance and its risk adjusted return over the short and long term are just part of the selection criteria for the Morningstar Fund Awards. In addition, Morningstar also evaluates the qualitative checking in term of its transparency, stability of the management team and consistency of investment strategy.
The 2010 winners are:
EQUITY
Thailand Equity Genera AYF Dividend Stock Fund
Thailand Equity Large Cap MFC Value Long Term Equity Fund
FIXED INCOME
Thailand Short Term Bond Thanasarn Open End Fund
Thailand Mid/Long Term Bond The Krung Thai Fixed Income RMF2
For details, please contact:
Kittikun Tanaratpattanakit
Tel: +66 (0) 2251 9730
Fax: +66 (0) 2251 9731
E-mail:
[email protected]