Plexcrown Ratings

PlexCrown Fund Ratings released its Unit Trust Survey for the second quarter of 2020 recently. NFB Asset Management is pleased to inform you that:

•  The NFB Ci Stable Fund A class has 5 PlexCrowns (the maximum possible) and is currently 5th out of 93 funds. An improvement of 2 places on Q1.
• The NFB Ci Managed Fund A class also has 5 PlexCrowns and ranks 8th out of 123 funds. An improvement of 2 places on Q1. 
• The NFB Asset Management business itself also has 5 PlexCrowns and remains joint 1st out of 122 South African Multi-Asset Fund Management Businesses.

5 PlexCrowns are awarded to those funds, in their respective sectors, or fund management business ranked in the top 10% using a complex methodology that includes minimum acceptable rates of returns, Sharpe ratios (a measure of risk-adjusted performance) and Sortino ratios (a measure of downside risk-adjusted returns) amongst other factors.

Raging Bull 

PlexCrown together with Profile Data and Personal Finance are responsible for determining the Raging Bull winners in January each year. The Raging Bull Awards recognises the top performers across a wide range of sectors and acknowledges investment managers in terms of top outright performers, best risk-adjusted performers and the best unit trust management companies. At the January 2020 Raging Bull awards ceremony, NFB Asset Management received the following recognition:

• The NFB Ci Stable Fund was one of three funds nominated as the Best South African Multi-asset Low Equity Fund for risk-adjusted performance over five years to December 31, 2019. The award ultimately going to the Kagiso Stable Fund.

Morningstar Addendum:

• The NFB Ci Stable Fund and the NFB Ci Managed Fund both have a 4 star rating; with 5 stars being the maximum possible.