The Nedgroup Investments Global Equity Fund scooped top prize in its category at the 2020 Morningstar Awards last night.
The awards recognise funds and fund houses that have added the most value for investors within the context of their relevant peer group in 2019 and over longer time periods.
The Nedgroup Investments Global Equity Fund is one of Nedgroup Investments’ flagship funds in the international range and is a concentrated, unconstrained portfolio where the focus is on protecting and growing the real value of investors’ capital.
This award affirms the philosophy applied by fund managers Veritas to invest in high quality companies, with sustainable competitive advantages and will only invest if attractive real returns are achievable. Veritas seeks to find out which industries will be bigger in the next 10 years, and more specifically which companies will be the beneficiaries of that growth. Importantly, they also evaluate how these companies would perform in a downturn and consider other shocks that may impact profitability.
“This independent award is a fantastic affirmation of the quality and consistency of the investor experience provided by Veritas since they assumed management of the Nedgroup Investments Global Equity Fund. We are extremely proud of our entire global range of funds, which is spearheaded by this fantastic focused global equity strategy.”, Rob Johnson, Head of Investments at Nedgroup Investments.
The Nedgroup Investments Global Equity Fund has been managed by London-based Sub-Investment manager Veritas Asset Management since 2010.