21 newly-rated funds received four or five Crowns

FE fundinfo Crown Ratings crowns Lakehouse Small Companies morningstar global shares schroder global corporate bond bt index growth ioof multiseries 50 BT index balanced ioof multiseries 90 chiodo diversified property development Mirae Asset Asia Great Consumer Equity Jaipur AM Master BlackRock Concentrated Total Return Share BT Index High Growth Magellan Infrastructure CC JCB Active Bond Pendal Sustainable Australian Fixed Interest BT Index Moderate IOOF MultiSeries 30 Sandhurst Bendigo Socially Responsible Growth AMP Capital Future Cash Flow 6 Series 1 CFS FC AZ Sestante Wholesale Diversified Lifeplan NextGen Vanguard Growth Index

12 March 2020
| By Chris Dastoor |
expand image

Eight newly-rated funds jumped straight into the five Crown royal court, while another 13 received four Crowns, in the latest rebalance of FE fundinfo’s Crown ratings.

With five Crowns were Lakehouse Small Companies, Morningstar Global Shares, Schroder Global Corporate Bond, BT Index Growth, IOOF MultiSeries 50, BT Index Balanced, IOOF MultiSeries 90 and Chiodo Diversified Property Development.

The two IOOF funds helped contribute to it leading the way in the latest rebalance, as they now had nine with five Crowns.

From the Asia Pacific ex Japan equities sector was Lakehouse Small Companies and Mirae Asset Asia Great Consumer Equity, while India-focused Jaipur AM Master was the only Asia Pacific single country equities fund.

The BlackRock Concentrated Total Return Share represented the Australian equity sector.

BT Index High Growth, along with Morningstar Global Shares, represented the global equities sector, and Magellan Infrastructure was the sole infrastructure equity sector fund.

There were three fixed interest funds, two of which were in the Australian bond sector: CC JCB Active Bond and Pendal Sustainable Australian Fixed Interest; while Schroders was in the global bond sector.

There were 10 mixed asset funds with four or five Crowns, and of the six mixed asset sectors, only the moderate sector was unrepresented.

One in the aggressive sector (BT Index Growth), two in the balanced sector (IOOF MultiSeries 50 and BT Index Moderate), and one in the cautious sector (IOOF MultiSeries 30).

The flexible sector had three: Sandhurst Bendigo Socially Responsible Growth, AMP Capital Future Cash Flow 6 Series 1 and CFS FC AZ Sestante Wholesale Diversified.

The growth sector also had three: BT Index Balanced, IOOF MultiSeries 90 and Lifeplan NextGen Vanguard Growth Index.

FE fundinfo Crown Fund Ratings are a quantitative measure covering and the methodology used is explained here.

Read more about:



Recommended for you



sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry


Dear CEO and board, It's time to start some VERY HEAVY LOBBYING on behalf of advisers which could save your platform re...

17 hours ago

He is every thing ASIC said he was BUT How on earth did he expect to get away with it????? . these guy's who dip in...

19 hours ago
Chris Cornish

A tad optimistic from Morningstar. Adviser numbers are somewhat irrelevant; it all comes down to the platform and whethe...

20 hours ago

A former financial adviser has been banned by ASIC from providing financial services for inappropriate advice, among multiple breaches....

1 week 1 day ago

Treasurer Jim Chalmers has handed down his third budget, outlining the government’s macroeconomic forecasts and changes to superannuation....

2 weeks 2 days ago

Iress has announced it is strengthening its security settings after suffering an unauthorised access of its systems over the weekend....

2 weeks 3 days ago