The Virtus Vontobel Global Opportunities Fund (WWOIX) has
been honored with a 2019 Lipper Fund Award for its risk-adjusted
performance over five years in the Global Equity Large-Cap Growth
category.
“This award is a testament to the consistent and highly
disciplined investment style of the Vontobel Quality Growth team
under the leadership of Matthew Benkendorf,” said Thomas Wittwer,
Chief Executive Officer North America. “As our Global Equity
Strategy celebrates its 25th anniversary this year, we are
privileged to share this success with our clients and
partners.”
The Vontobel Global Equity Strategy invests in high-quality
companies across the globe using fundamental, bottom-up research to
identify well-managed businesses with consistent financial
performance and favorable long-term economic prospects. Quality
Growth Chief Investment Officer Matthew Benkendorf has managed the
strategy since 2008, and Ramiz Chelat was promoted to deputy
portfolio manager in 2016 after 9 years on the investment team.
The Quality Growth investment team was also honored earlier this
month by Morningstar in the Equity Fund House and Global Equities
Fund categories for performance over 1-, 3- and 5-years on a
risk-adjusted basis.
About Lipper Fund Awards
The Lipper Fund Awards from Refinitiv, granted annually,
highlight funds and fund companies that have excelled in delivering
consistently strong risk-adjusted performance relative to their
peers. The Lipper Fund Awards are based on the Lipper Leader for
Consistent Return rating, which is a risk-adjusted performance
measure calculated over 36, 60 and 120 months. The fund with the
highest Lipper Leader for Consistent Return (Effective Return)
value in each eligible classification wins the Lipper Fund
Award.
The Lipper Fund Awards are based on the Lipper Ratings for
Consistent Return, which is a risk-adjusted performance measure
calculated over 36, 60 and 120 month periods. The highest 20% of
funds in each category are named Lipper Leaders for Consistent
Return and receive a score of 5; the next 20% receive a score of 4;
the middle 20% are scored 3; the next 20% are scored 2; and the
lowest 20% are scored 1.
For Lipper Best Individual Funds, the highest Lipper Leader for
Consistent Return (Effective Return) value within each eligible
classification determines the fund classification winner for the
3-, 5-, or 10-year periods, all as of 11/30/18. 133 Small-Cap
Growth Funds were eligible for the five-year period and 143 were
eligible for the three-year period; 99 Mid-Cap Growth Funds were
eligible for the three-year period; 32 Short-Intermediate
Investment Grade Debt Funds were eligible for the 10-year period;
24 Short Municipal Debt Funds were eligible for the 10-year period;
and 23 Global Large-Cap Growth Funds were eligible for the
five-year period. For a detailed explanation, please review the
Lipper Leaders methodology document at:
https://www.lipperfundawards.com/Awards/UnitedStates/2019/Methodology/114/Methodology_2019.
Lipper, Inc. is a nationally recognized organization that ranks the
performance of mutual funds.
Morningstar Statement of Purpose
The objective of the quantitatively driven Morningstar
International Fund Awards program is to recognise those funds and
fund groups that have added the most value within the context of a
relevant peer group for investors over the past year and over the
longer-term. The program is distinct from the qualitative awards
issued by Morningstar’s research team.
The awards are annual, so we believe it is appropriate to
emphasise a fund’s one-year performance. However, we do not wish to
be in the position of giving awards to funds that have posted a
strong one-year return, but have otherwise not delivered good
results for investors. We also recognise that investors often use
awards as a “buy” signal, and we do not wish to steer them to
offerings that may not be good longer-term investments.
The awards methodology therefore emphasises the one-year period,
but funds must also have delivered strong three-and five-year
returns after adjusting for risk within the awards peer groups in
order to obtain an award. Further, they must have been at least in
the top half of their respective peer groups in at least three of
the past five calendar years. We believe this combination will
ensure that the awards are given to funds which have earned strong
one-year results, and have also shown they have the ability to earn
strong long-term returns without undue risk.
Eligible Universe:
Awards will be determined for each individual national fund
market.
Only funds that are recorded in the Morningstar database as
available for sale in a given market will be eligible to receive an
award in that market.
For the Morningstar Category Awards only: In order to ensure
Morningstar analysts can carry out effective qualitative checks for
potential winners, only funds that have reported at least four
complete portfolios to Morningstar between 1 September 2017 and 31
December 2018 are eligible for an award.
The following fund types are excluded from the universe:
Insurance funds, closed-end funds. Currency-hedged share-classes of
funds are also excluded unless they are in a category specifically
for currency-hedged funds and share classes. All funds or share
classes in unrated Morningstar categories are excluded from
participating in the awards.
The smallest 10% of funds in each category are excluded from the
awards based on the latest June end portfolio size expressed in
EUR. In lieu of this measure, analysts may also exclude funds with
less than EUR 10 million in assets at 30 June or the nearest date
for which assets are available.
For a detailed explanation, please review the Morningstar
International Fund Awards Methodology, Finland document at:
https://media.morningstar.com/eu/Events/Awards/2019/Methodology_Documents/Finland_Fund_Awards_Methodology_2019.pdf?elqTrackId=d644b4be07254e9ca778c34affb83249&elqaid=3003&elqat=2
About Virtus Investment Partners
Virtus Investment Partners (NASDAQ: VRTS) is a distinctive
partnership of boutique investment managers singularly committed to
the long-term success of individual and institutional investors.
The company provides investment management products and services
through its affiliated managers and select subadvisers, each with a
distinct investment style, autonomous investment process, and
individual brand. Virtus Investment Partners offers access to a
variety of investment styles across multiple disciplines to meet a
wide array of investor needs.
Vontobel Asset Management
Vontobel Asset Management is an active asset manager with global
reach and a multi-boutique approach. Each of our boutiques draws on
specialized investment talent, a strong performance culture and
robust risk management. We deliver leading-edge solutions for both
institutional and private clients. Our commitment to active
management empowers us to invest on the basis of our convictions.
We deliver value through our diverse and highly specialized teams.
Employing over 400 professionals worldwide – including 170
investment specialists – we operate across 13 locations including
Switzerland, Europe and the US and create strategies and solutions
covering equities, fixed income, multi-asset and alternative
investments. The goal of achieving excellent and repeatable
performance has been fundamental to our approach since 1988. A
strong and stable shareholder structure guarantees our
entrepreneurial independence and protects the long-term mindset
that guides our decision-making.
Legal information
This document is for information purposes only and does not
constitute an offer of any kind. The services described in the
document are supplied under the agreement signed with the service
recipient. The nature, scope and prices of services and products
may vary from one country to another and may change without notice
at any time. Certain services and products are not available
worldwide or from all companies of Vontobel. In addition, they may
be subject to legal restrictions in certain countries.
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Catherine Koch+1 212 415 7006Catherine.Koch@vusa.com
Virtus Investment Partners (NASDAQ:VRTS)
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