Recipients of the 2018 Morningstar Luxembourg Fund Awards pose for a picture during the prize-giving ceremony, held at the Schéiss cultural centre in Luxembourg-Belair, 23 March 2018
An independent financial research firm has named the four best performing retail investment funds and the three best fund managers in the grand duchy.
Morningstar presented its “2018 Morningstar Luxembourg Fund Awards” on Thursday evening.
The firm’s Jeffrey Schumacher stated in a press release issued on 23 March:
“All of the winners delivered strong three- and five-year returns after adjusting for risk, in addition to outperformance of their peers during the last 12 months.”
“These funds and fund houses demonstrate the ability to earn strong returns over the long-term without undue risk. Morningstar strongly believes that taking a patient, long-term view to investing will ultimately help investors reach their financial goals.”
Recipients of the 2018 Morningstar Luxembourg Fund Awards
Fund Category Awards
Best EUR Allocation Fund: Vector Flexible
Best EUR Fixed-Income Fund: Schroder ISF EURO Corporate Bond
Best Europe Equity Fund: MFS Meridian European Value Fund