Ok!.award presentation again!..These days there are so many awards given out, and some even give out broom ^o^ So is this one of those awards?..Certainly not!
The Edge-Lipper Malaysia Fund Awards are given to the best performing unit trust funds in Malaysia over the 3,5 and 10-year periods where winners are determined based on the Lipper Leader ratings for Consistent Return, a risk adjusted investment performance return measure developed by Lipper.
Only funds that have done well over a period of three years and beyond are recognised, in line with the practice adopted by the global Lipper Fund Awards. Some 17 awards covering seven fund categories were given out this year, including Islamic funds that topped their respective Lipper classification.
In this latest edition of The Edge-Lipper Malaysia Fund Award, Public Mutual Bhd, for the 5th consecutive years emerged as the biggest winner of this award, by winnng 8 out of 20 awards.
1) Public Mutual Berhad: Best Equity Group Award, 3 Years
PB Fixed Income Fund
2) Bond Malaysian Ringgit, 5 years
PB Growth Fund
3) Best Equity Malaysia Fund, 5 years
Public SmallCap Fund
4) Best Equity Malaysia Small and Mid Caps Fund, 5 years
PB Balanced Fund
5) Best Mixed Asset Malaysian Ringgit Balanced Fund, 5 years
Public Ittikal Fund
6) Best Equity Malaysia Fund, 5 years
7) Best Equity Malaysia Fund, 10 years
Public Bond Fund
8)Best Bond Malaysian Ringgit Fund, 10 years
So How Lipper determine the winner?
For your information, Lipper is the leading global provider of fund intelligence. They provide accurate, comprehensive and objective information on funds and fund markets.
The methodology they used to determine the winner of the award can be view in the link below