THAILAND, March 15, 2012—Morningstar Research (Thailand), a subsidiary of independent investment research firm Morningstar, Inc. (NASDAQ: MORN), today announced the winning funds and fund groups for the Morningstar Thailand Fund Awards 2012.
The Morningstar Thailand Fund Awards 2012 recognize retail funds and fund groups that added the most value for investors within the context of their relevant peer group in 2011 and over the longer term. Winners are selected using a quantitative methodology with a qualitative overlay developed by Morningstar that considers the one 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.
The winners of the Morningstar Thailand Fund Awards 2012 are:
EQUITY FUND CATEGORY and FUND WINNER
Thailand Equity General: Krungsri Dividend Stock Fund
Thailand Equity Large Cap: Krungsri Dynamic Fund
FIXED INCOME FUND CATEGORY and FUND WINNER
Thailand Short Term Bond: MFC Smart Fixed Income Fundd
Thailand Mid/Long Term Bond: The Ruang Khao Fixed-Income Class
About Morningstar, Inc.
Morningstar, Inc. is 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 individuals, financial advisors, and institutions. Morningstar provides data on approximately 375,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 8 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its registered investment advisor subsidiaries and has more than $180 billion in assets under advisement and management as of Dec. 31, 2011. The company has operations in 27 countries.
The Morningstar Thailand Fund Awards are based on Morningstar fund data for the period 1st January 2009 to 31st December 2011. For more information about the awards and the methodology, please click here.
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