Click here for a record of all the Raging Bull winners since 1998
Introduction
The Raging Bull Awards recognise the stars of the unit trust industry in terms of top outright performers, best risk-adjusted performers and best unit trust management companies. The awards cover domestic (South African-domiciled) and offshore (non-South African-domiciled approved by the Financial Services Board) funds.
Awards for asset-specific sectors are based mainly on straight performance calculated by ProfileData. For asset allocation sectors, where risk-management is a major factor, awards are based mainly on the PlexCrown system.
Awards based on PlexCrowns have also been made in major unit trust categories, such as the domestic general equity sector.
Eligibility rules:
TOP MANAGEMENT COMPANIES
The unit trust management companies with the most impressive and most consistent overall performance across their suites of funds, taking into account all factors (performance, risk management and consistency).
Methodology: The award is based on the highest average PlexCrown rating for the suite of funds managed by each management company. Passive funds and funds in non-ranked sectors (for example, varied specialist sectors) are not taken into account.
Domestic Management Company of the Year
The South African-domiciled management company with the best overall performance across sectors consisting of a suite of five or more rand-denominated funds with at least three years’ history.
ALLAN GRAY
Certificate for Second-best Domestic Management Company
PRUDENTIAL
Certificate for Third-best Domestic Management Company
NEDGROUP INVESTMENTS
Offshore Management Company of the Year
The overseas-domiciled management company with the best overall performance across sectors consisting of a suite of five or more non-rand-denominated funds with at least three years’ history.
STANLIB MULTI-MANAGER
TOP OUTRIGHT PERFORMERS
The top performers to December 2009 on a straight performance basis in asset- and sector-specific Asisa categories (including the main asset allocation sectors).
Methodology: Funds are ranked on a three-year lump sum NAV to NAV basis (in other words, entry costs are not taken into account), with income distributions reinvested at the ex-dividend date). Calculations by ProfileData.
Best Broad-based Domestic Equity Fund
The fund with the highest ProfileData total investment return ranking over three years in the domestic equity general, value and growth sectors.
ABSA SELECT EQUITY FUND
Best Domestic Fixed Interest Fund
The fund with the highest ProfileData total investment return ranking over three years in the domestic fixed interest bond and income sectors.
STANLIB CASH PLUS FUND
Best Foreign (SA-domiciled) Equity Fund
Best Foreign (South African-domiciled) Equity Fund
The fund with the highest ProfileData total investment return ranking over three years in the foreign equity general sector.
ALLAN GRAY-ORBIS GLOBAL EQUITY FEEDER FUND
Best Offshore Global Equity Fund
The fund with the highest ProfileData total investment return ranking over three years in ProfileData’s offshore global equity general sector.
RE·CM GLOBAL FUND
TOP RISK-ADJUSTED PERFORMERS
Top performers to December 2009 on a risk-adjusted basis in the asset allocation and real estate sectors, plus the largest other Asisa sectors based on market cap. The PlexCrown system, which incorporates risk-adjusted returns and consistency of performance, is used to rank funds for these awards.
Methodology: The PlexCrown system combines risk-adjusted returns based on performance statistics from ProfileData with standard risk measures, consistency measures, and measures of downside risk and managerial skill. Performance over five- and three-year periods is taken into account.
Best Domestic Asset Allocation Flexible Fund
The fund with the highest PlexCrown rating over five years in the domestic asset allocation flexible sector.
REZCO VALUE TREND FUND
Best Domestic Asset Allocation Prudential Fund
The fund with the highest PlexCrown rating over five years in the domestic asset allocation prudential high equity, medium equity, low equity and variable equity sectors.
ALLAN GRAY BALANCED FUND
Best Domestic General Equity Fund
The fund with the highest PlexCrown rating over five years in the domestic equity general sector.
ABSA SELECT EQUITY FUND
Best Offshore Global Asset Allocation Fund
The fund with the highest PlexCrown rating in ProfileData’s offshore global asset allocation flexible and prudential sectors.
ASHBURTON REPLICA EURO ASSET ALLOCATION MANAGEMENT FUND
TOP OUTRIGHT PERFORMERS OVER THREE YEARS
Best Domestic Equity General Fund
ABSA SELECT EQUITY FUND
Best Domestic Equity Growth Fund
RMB STRATEGIC OPPORTUNITIES FUND (A)
Best Domestic Equity Industrial Fund
STANLIB INDUSTRIAL FUND (A)
Best Domestic Equity Financial Fund
STANLIB FINANCIALS FUND
Best Domestic Equity Resources & Basic Industries Fund
OLD MUTUAL MINING AND RESOURCES FUND (R)
Best Domestic Equity Smaller Companies Fund
RMB SMALL MID-CAP FUND
Best Domestic Equity Value Fund
NEDGROUP INVESTMENT VALUE FUND (A)
Best Domestic Asset Allocation Flexible Fund
BLUEALPHA ALL SEASONS FUND
Best Domestic Asset Allocation Prudential Fund
(Includes the prudential high equity, medium equity, low equity and variable equity sectors)
DOTPORT STABLE PRUDENTIAL FUND OF FUNDS
Best Domestic Fixed Interest Bond Fund
OASIS BOND FUND
Best Domestic Fixed Interest Income Fund
STANLIB CASH PLUS FUND
Best Domestic Real Estate Fund
STANLIB PROPERTY INCOME FUND
FOREIGN FUNDS
Best Foreign Fixed Interest Bond Fund
CORIS CAPITAL INTERNATIONAL BOND FEEDER FUND
Best Offshore Europe Equity General Fund
FRANKLIN EUROPEAN GROWTH FUND
Best Offshore Far East Equity General Fund
ORBIS SICAV ASIA EX-JAPAN EQUITY FUND
Best Offshore Japan Equity General Fund
ORBIS SICAV JAPAN EQUITY FUND (YEN CLASS)
Best Offshore USA Equity General Fund
FRANKLIN US OPPORTUNITIES FUND
Best Offshore Global Fixed Interest Bond Fund
INVESTEC GSF GLOBAL BOND FUND
TOP RISK-ADJUSTED PERFORMERS
Domestic FUNDS
Best Worldwide Asset Allocation Flexible Fund
FLAGSHIP WORLDWIDE FLEXIBLE FUND OF FUNDS
Best Foreign Asset Allocation Flexible Fund
ALLAN GRAY-ORBIS GLOBAL FUND OF FUNDS
Best Domestic Asset Allocation Prudential Medium Equity Fund
ABSA BALANCED FUND (A)
Best Domestic Asset Allocation Prudential Low Equity Fund
ALLAN GRAY STABLE FUND
Best Domestic Asset Allocation Prudential Variable Equity Fund
ALLAN GRAY BALANCED FUND
Best Domestic Fixed Interest Bond Fund
NEDGROUP INVESTMENTS BOND FUND (A)
Best Foreign Equity General Fund
RMB INTERNATIONAL EQUITY FUND OF FUNDS
Best Real Estate Fund
(The fund with the highest PlexCrown rating over five years in the domestic real estate general sector)
STANLIB PROPERTY INCOME FUND
FOREIGN FUNDS
Best Offshore Global Fixed Interest Bond Fund
INVESTEC GSF GLOBAL BOND FUND
Best Offshore Global Equity Fund
ORBIS GLOBAL EQUITY FUND