Money Observer's Fund Awards 2017
Identifying a successful investment fund is not all about the very highest performance, because the likelihood of such achievements being repeated year in, year out over any manager's tenure (or any investor's ownership of the fund) is very, very low.
The Money Observer awards aim to identify the funds that have pulled off the strongest combination of performance and low volatility within a wide range of Investment Association sectors.
In other words, the methodology looks at risk-adjusted returns. This is done by assessing risk-adjusted performance over three years, but then filtering out any funds with a poor showing over any one of those three years.
The winners have not only delivered sector-beating returns, but have also minimised the alarming swings in performance from one year to another that characterise so many of their peers. They may not be the highest flyers, but they have achieved decent returns from year to year, without excessive risk.