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Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today announced the winners for its Morningstar Awards Luxembourg 2021.
The annual awards recognise the retail funds and fund houses that added the most value for investors within the context of their relevant peer group in 2020 and over longer time periods. Morningstar selects the winners using a quantitative methodology with a qualitative overlay that considers the one-, three-, and five-year performance history of all eligible funds, and adjusts returns for risk using Morningstar Risk, a measure that imposes a higher penalty for downside variation in a fund’s return than it does for upside volatility.
“This year’s winners have clearly demonstrated their skills...
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