The Nedgroup Investments Global Property Fund has been awarded a Silver rating by Morningstar Analyst Ratings. This qualitative, internationally recognised, independent rating is based on the analyst's forward-looking conviction in the fund's ability to outperform its peer group and/or relevant benchmark on a risk-adjusted basis over the long term.
Morningstar's manager research analysts assign qualitative ratings based on their evaluation of five pillars; people, process, performance, parent and price. A Silver rating is an impressive achievement as there are only a handful of Global Listed Real Estate funds rated positively by Morningstar in Europe and none of them are Gold Rated.
Funds are rated according to a five-tier scale with three positive ratings of Gold, Silver, and Bronze, a Neutral rating, and a Negative rating.
“We are very proud of this independent rating for our Nedgroup Investments Global Property Fund. This comes shortly after the recent Gold rating awarded to our Nedgroup Investments Global Flexible Fund, so we believe it is testament to our Best of Breed™ approach, selecting and partnering with independent asset managers who we believe are best placed to achieve long-term outperformance for our clients. We are committed to maintaining and even improving this rating and the long-term performance of our International range of funds,” says Robin Johnson, Head of Investments at Nedgroup Investments.
The Nedgroup investment Global Property Fund has been managed by Sydney-based Sub-Investment manager Resolution Capital since its inception. The fund objective is to achieve medium to long-term capital growth by investing primarily in listed real estate companies and investment trusts worldwide.
Click here to read the full Morningstar report for this award
Click here to learn more about the Nedgroup Investments Global Property Fund