Stanlib, a member of Standard Bank Group and one of the largest managers of investments in South Africa, won seven Raging Bull Awards, mostly for its fixed income and property funds.
The Raging Bull Awards recognizes the stars of the collective investment or unit trust industry in terms of top outright performers, best risk-adjusted performers and the best unit trust management companies. The awards cover domestic (South African-domiciled) and offshore funds, which are funds not domiciled in South Africa but approved by the Financial Services Board for marketing to South African investors.
The winning funds are:- Stanlib Industrial Fund in the category Best Domestic Equity Industrial Fund
- Stanlib Financials Fund for Best Domestic Equity Financial Fund
- Stanlib Cash Plus Fund, Best Domestic Fixed Interest Fund and Best Domestic Fixed Interest Income Fund
- Stanlib Property Income Fund. Best Domestic Real Estate Fund and Best Real Estate fund on a Risk-Adjusted Basis
- Stanlib Multi Manager as Offshore Management Company of the Year
Stanlib’s Cash Plus Fund has managed to consistently beat the benchmark under all market conditions as did the Stanlib Property Income Fund, which generated a 46% return during the past year, 57% on three years and 191% on five years. Stanlib’s strategy proves it to be effective even in erratic market conditions.
See
www.stanlib.com for more about these and other funds.