Momentum Collective Investments “red cape” five Raging Bull Awards
In the fashion of a matador displaying the red cape to signal the final conquest, Momentum Collective Investments triumphed at the Raging Bull Awards last night with five accolades – three for its Momentum equity funds and two for its white label funds.
The Raging Bull Awards recognise top unit trust achievers in terms of outright performers, risk-adjusted performers and management companies. The awards cover domestic (South African-domiciled) and offshore (not domiciled in South Africa and approved by the Financial Services Board) funds. Momentum Collective Investments is proud to announce that three of its unit trust funds and two of its white label funds have been recognised for their outstanding performance.
The Momentum Small/Mid-Cap Fund also continues to deliver by being honoured with the top outright performer award for the fourth consecutive year.
The following Momentum funds received awards:
Category: Best Domestic Equity Resources and Basic Industries Fund
Momentum Resources Fund
The Momentum Resources Fund received a certificate for top outright performer over three years
Category: Best Domestic Equity Smaller Companies Fund
Momentum Small/Mid-Cap Fund
The Momentum Small/Mid-Cap Fund received a certificate for top outright performer over three years
Category: Best Domestic Equity Value Fund
Momentum Value Fund
The Momentum Value Fund received a certificate for top outright performer over three years
The following white label funds received awards:
Category: Best Domestic Asset Allocation Flexible Fund
36ONE Flexible Opportunity Fund
The 36ONE Flexible Opportunity Fund received a certificate for the top outright performer over three years
Category: Best Domestic Asset Allocation Prudential Medium Equity Fund
Baroque Moderato Fund of Funds
The Baroque Moderato Fund of Funds received an award for the top risk-adjusted performer
The Momentum Resources Fund, Momentum Small/Mid-Cap Fund and Momentum Value Fund represent the top performers over three years to December 2011 on an outright basis in equity sector-specific ASISA categories. The 36ONE Flexible Opportunity Fund represents a top outright performer in asset allocation sectors. Funds are ranked on a three-year lump sum NAV-to-NAV basis, with income distribution reinvested at the ex-dividend date. Calculations are done by ProfileData.
The Baroque Moderato Fund of Funds represents a top risk-adjusted performer. The PlexCrown system, which incorporates risk-adjusted returns and consistency of performance, is used to rank funds for this awards.
