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Cecilica Chungcecilica.chung@morningstar.com
Morningstar Announces Winners of 2017 China Fund Awards
SHANGHAI, 29 March 2017—Morningstar (Shenzhen) Ltd., a subsidiary of Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, has announced the winning funds for its 2017 China Fund Awards.

The annual Morningstar China Fund Awards are designed to help investors identify the retail funds that added the most value for investors within the context of their relevant peer group in 2016 and over longer time periods. Morningstar selects the winners using a quantitative methodology with a qualitative overlay that considers the one-, two-, and three-year performance history of all eligible funds, and adjusts returns for risk using Morningstar Risk, a measure that imposes a higher penalty for downside variation in a fund’s return than it does for upside volatility.

“Over the years, we have earned trust from investors because we translate a flood of information into research that gives them the stories behind investments and the context to make informed decisions,” Nick Cheung, Chief Executive Officer for Morningstar in Asia, said. “It’s our honor to recognize outstanding achievement in investment management again this year through the Morningstar Awards.”

“All of our winners delivered strong three-year returns after adjusting for risk, in addition to outperformance of their peers during the last 12 months,” Rachel Wang, Morningstar’s Director of Manager Research in China, said. “These funds have demonstrated that they have the ability to earn strong returns over the long term without undue risk. We believe that taking a patient, long-term view to investing will ultimately help investors reach their financial goals.”

The winners of the 2017 Morningstar China Fund Awards are:

FUND CATEGORY AWARDS / WINNERS:

Best Aggressive Allocation Fund / Lombarda China New Trend Stock

Best Hybrid Fund / GF Stable Growth Mixed Assets Fund

Best Aggressive Bond Fund / Morgan Stanley HuaXin Multiple Incomes Bond Securities Investment Fund

Best Normal Bond Fund / Great Wall Active Return Increase Bond Fund

Best Pure Bond Fund / E Fund Credit Bond Fund

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Notes to Editors:
The Morningstar fund category awards are based on Morningstar fund data as of 31 December 2016. The awards methodology emphasises the one-year period, but funds must also have delivered strong two- and three-year returns after adjusting for risk within the awards peer groups in order to obtain an award. For the full methodology, please click here.

About Morningstar (Shenzhen) Ltd. and Morningstar, Inc.
Morningstar (Shenzhen) Ltd. is a subsidiary of Morningstar, Inc., a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for individual investors, financial advisors, asset managers, retirement plan providers and sponsors, and institutional investors in the private capital markets. Morningstar provides data and research insights on a wide range of investment offerings, including managed investment products, publicly listed companies, private capital markets, and real-time global market data. Morningstar also offers investment management services through its investment advisory subsidiaries, with more than USD$200 billion in assets under advisement and management as of 31 December 2016. The company has operations in 27 countries.

Morningstar expanded to Asia in April 2000 and has grown its businesses into Japan, Korea, India, mainland China, Taiwan, Singapore, Thailand, and Hong Kong. The Asia operations not only offer timely information on mutual funds, but also insightful and independent analyses, unbiased fund ratings, and sophisticated analytical tools to help both individual and professional investors make better investment decisions.

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