Plexcrown Ratings   

PlexCrown Fund Ratings released its Unit Trust Survey for the third 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 7th out of 95 funds.
• The NFB Ci Managed Fund A class also has 5 PlexCrowns and ranks 7th out of 127 funds.
• The NFB Asset Management business itself also has 5 PlexCrowns and remains joint 1st out of 122 South African Multi-Asset Fund Management Businesses.

FIRST QUARTER 2020	RANK	OUT OF
NFB Ci Stable Fund A	7th	95
NFB Ci Managed Fund A	7th	127
NFB Asset Management	Joint 1st	126

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 Kagiso Stable Fund by Kagiso Asset Management.

Morningstar Addendum:

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