14 Best Funds for Investing Globally

FUND AWARDS 2015: Morningstar has crowned the 14 funds that added the most value for investors during 2014 in major asset classes and regions

Holly Cook 31 March, 2015 | 1:33PM
Facebook Twitter LinkedIn

Morningstar UK this morning unveiled the 14 funds and five fund houses that have won our 2015 Fund Awards. The annual awards identify the funds and fund groups that added the most value for investors within the context of their relevant peer group in 2014, and over longer time periods.

We select the winners using a quantitative methodology—assessing the one-, three- and five-year performance history of all eligible funds, with a qualitative overlay that measures risk and penalises downside variation in a fund’s returns. These quantitative awards therefore recognise not only those funds and fund groups that outperformed their peers, but also those that managed downside risk better than their rivals. Ultimately the main risk to investors is that they lose capital, so we adjust fund returns for this risk to more clearly identify those that fail to protect capital and to help identify those funds that can deliver a better investor experience. 

Fund Category Awards 2015 

Best Asia Pacific Equity Fund
First State Asia Pacific Sustainability (Morningstar Analyst Rating: Silver

Best Europe Equity Fund
Invesco Pan European Structured Equity (Morningstar Analyst Rating: Silver

Best Europe ex-UK Large-Cap Equity Fund
Henderson European Focus (Morningstar Analyst Rating: Silver

Best GBP Corporate Bond Fund
Royal London Corporate Bond (Morningstar Analyst Rating: Gold

Best GBP Diversified Bond Fund
Royal London Ethical Bond 

Best GBP Flexible Bond Fund
Royal London Sterling Extra Yield Bond 

Best GBP Government Bond Fund
Vanguard UK Government Bond Index 

Best Global Emerging-Markets Equity Fund
First State Global Emerging Markets Sustainability  

Best Global Equity Fund
Old Mutual Global Equity 

Best UK Equity Income Fund
Invesco Perpetual UK Strategic Income 

Best UK Flex-Cap Equity Fund
CF Lindsell Train UK Equity Acc (Morningstar Analyst Rating: Gold

Best UK Large-Cap Equity Fund
Threadneedle UK Growth & Income (Morningstar Analyst Rating: Bronze

Best UK Small-Cap Equity Fund
Liontrust UK Smaller Companies (Morningstar Analyst Rating: Bronze

Best US Equity Fund
Old Mutual North American Equity (Morningstar Analyst Rating: Bronze

Fund House Awards 2015

Best Larger Fixed-Income Fund House
AXA Investment Managers 

Best Multi-Asset Fund House
Fidelity Worldwide Investment 

Best Larger Equity Fund House
First State Investments 

Best Specialist Equity Fund House
Baillie Gifford 

Best Specialist Fixed-Income Fund House
Vanguard Asset Management

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Facebook Twitter LinkedIn

About Author

Holly Cook

Holly Cook  is Manager, Morningstar EMEA Websites