(Ljubljana, 29 January 2019) At the beginning of this year, the independent and highly acclaimed US-based rating agency Morningstar, which regularly monitors the performance of KD Funds asset management, ranked KD Funds among the top 9% of the best management companies in the world.
Even during the economic cooling-off period and the slowed global growth of the economy, KD Funds has maintained professionalism and excellence in managing the assets of its investors. Three of our funds received a maximum of 5 or 4 stars, which means they rank among the top 10% of funds in each category (in the case of 5 Morningstar stars) or the next 22.5% of funds (in the case of 4 Morningstar stars). On 31 December 2018, the holders of 5 or 4 Morningstar stars are:
KD First Selection, 5 stars in the Flexible Allocation – Global category, 3-year period, ranking 113th among 1,851 funds of the same category, and 5-year period, ranking 17th among 1,331 funds.
KD Bond, 5 stars in the EUR Diversified Bond category, 3-year period, ranking 59th among 1,163 funds of the same category, and 5-year period, ranking 45th among 1,042 funds.
KD Vitality, 4 stars in the Global Large-Cap Blend Equity category.
Based on the rating of all funds and the relative number of funds within each category, Morningstar has set up an informal ranking of management companies, with KD Funds occupying the 280th place out of 3,128 management companies, thus ranking among the top 9% of the management companies in the world.
Morningstar, an independent and highly acclaimed rating agency based in the US, has been rating funds across the world since 1985. Morningstar rates funds from one to five stars based on how well they have performed (after adjusting for risk) in comparison to similar funds. Within each Morningstar Category, the top 10% of funds receive five stars, the next 22.5% four stars, the middle 35% three stars, the next 22.5% two stars, and the bottom 10% receive one star. Funds are rated for up to three time periods –three-, five-, and 10 years –and these ratings are combined to produce an overall rating. Funds with less than three years of history are not rated. Ratings are objective, based entirely on a mathematical evaluation of past performance. They are a useful tool for identifying funds worthy of further research, but should not be considered buy or sell recommendations.
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