Melville Douglas wins Best Global Equity Fund Award

The Melville Douglas Global Equity Fund has been named South Africa’s Best Global Equity Fund by internationally-respected investment research house Morningstar.

The Morningstar 2019 South Africa Fund Awards recognise funds and fund managers who have delivered the most value for investors. The research house undertakes intensive quantitative research of funds’ performance for periods of up to five years to determine the top-performing fund managers.

“Morningstar’s research recognises not only the returns achieved for clients, but also a fund’s strong stewardship of shareholder capital,” Bernard Drotschie, Chief Investment Officer at Melville Douglas said. “We are humbled to have won the award and it is a credit to the strength of our team, our unique investment approach and relentless commitment to consistency and quality.”

Morningstar South Africa MD, Tal Nieburg, said that the winners of this year’s awards demonstrate that there are still opportunities for patient investors despite slow domestic growth and trade risks affecting global emerging markets. 

“The winning funds and fund houses relied on skill, experience, and solid fund management strategies to deliver strong returns for investors,” he said.