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PlexCrown ratings put STANLIB in top three

17 May 2007 Stanlib

STANLIB has been ranked among the top three unit trust management companies in the country in the latest PlexCrown ratings.

It scores 3.361 out of 5 in the independently adjudicated risk-adjusted ratings that are rapidly becoming a key source of reference in the personal finance sector.

In addition, STANLIB's Small Cap Fund was named the top-performing unit trust fund over three years while its Resources Fund was the second best performer over one year.

STANLIBs improved noting in the PlexCrown ratings follows a string of award-winning successes. Its fund managers recently won eight Raging Bull awards and eight Standard & Poors accolades.

STANLIB chief investment officer Patrick Mamathuba commented: "We were pleased to see independent confirmation of an overall improvement across our full range, with significant gains in our foreign rating.

"The PlexCrown figures also confirm our long-term dominance in the domestic fixed interest ratings."

PlexCrown figures are often consulted by unit trust investors as the rating system is seen as an early alert to any drop in short-term fund performance.

 

 

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