LIPPER LEADER IS THE MUTUAL FUND OR UNIT TRUST INDUSTRY STANDARD FOR ACCURATE BENCHMARKING AND CLASSIFICATIONS
What Does Lipper Leader Rating Mean to any Unit Trust Investor?
A rating system that ranks a mutual fund's success based on whether the fund has met certain goals. Mutual funds are ranked based on total return, consistent return, preservation, tax efficiency or expenses. The top 20% of funds receive the highest ratings and are named Lipper Leaders, based on the Thomson Reuters mutual fund company of the same name (Lipper). Asset managers, fund companies and financial intermediaries recognize Lipper's benchmarking and classifications as an industry standard.
Investopedia explains Lipper Leader
A fund that has received a Lipper rating for total return has proven to return income from dividends, interest and capital appreciation. A rating for expense identifies low cost funds. Consistent return ratings are funds that provide constant returns that are risk-adjusted. A Lipper rating for preservation is for funds that demonstrate a high ability to preserve capital as compared with other funds within the same asset class.
The above snapshot was taken on 1st-July-2011 at 11:27pm (source: Lipper Leaders)
Global Unit Trust Funds Ratings by LIPPER
Please click this link to check all funds ratings:
http://www.lipperleaders.com
BOTH KENANGA GROWTH FUND (KGF) AND KENANGA SYARIAH GROWTH FUND (KSGF) HAVE RECEIVED 5 STARS RATINGS FOR "OVERALL", "5 YEAR" AND "3 YEAR" PERFORMANCE:-
5=HIGHEST=LEADER TO 1= The LOWEST Rating
1. TOTAL RETURN (KGF and KSGF are still "LEADER" in THE EDGE newspaper)
(Meaning according to Lipper Leader: The Lipper Rating for Total Return denotes a fund that has provided SUPERIOR total returns (income from dividends and interest as well as capital appreciation) when compared to a group of similar funds.
The Lipper Rating for Total Return maybe the best fit for investors who want the best historical return, without looking at risk. This measure alone may not be suitable for investors who want to avoid downside risk. For more risk-averse investors, the Total Return ratings can be used with Preservation and/or Consistent Return ratings to make an appropriate selection that balances the risk and return.)
2. CONSISTENT RETURN (KGF and KSGF are still "LEADER" in THE EDGE newspaper)
(Meaning according to Lipper Leader: The Lipper Rating for Consistent Return identifies a fund that has provided relatively SUPERIOR consistency and risk-adjusted returns when compared to a group of similar funds. Funds which achieve high ratings for Consistent Return maybe the best fit for investors who value a fund's year-to-year consistency relative to other funds in a particular peer group.
Investors are cautioned that some peer groups are inherently more volatile than others, and even Lipper Leaders for Consistent Return in the most volatile groups may not be well suited to shorter-term goals or less risk-tolerant investors.)
3. PRESERVATION (KGF and KSGF are still "LEADER" in THE EDGE newspaper)
(Meaning according to Lipper Leader: The Lipper Rating for Preservation is a fund that has demonstrated a SUPERIOR ability to preserve capital in a variety of markets when compared with other funds in its asset class.
Choosing a Lipper Rating for Preservation may help to minimize downside risk relative to other fund choices in the same asset class. Investors are cautioned that equity funds have historically been more volatile than mixed-equity or fixed income funds, and that even the Lipper Rating for Preservation in more volatile asset classes may not be well suited to shorter-term goals or less risk-tolerant investors.
JUST AN ANALOGY: ASK YOURSELF, DO YOU WANT TO STAY IN A 3-STAR HOTEL OR A 5-STAR HOTEL? WHICH ONE DO YOU CHOOSE? I CAN ONLY SHOW YOU WHICH IS WHICH, YET ONLY YOU CAN CHOOSE THE BEST...
http://www.lipperleaders.com
BOTH KENANGA GROWTH FUND (KGF) AND KENANGA SYARIAH GROWTH FUND (KSGF) HAVE RECEIVED 5 STARS RATINGS FOR "OVERALL", "5 YEAR" AND "3 YEAR" PERFORMANCE:-
5=HIGHEST=LEADER TO 1= The LOWEST Rating
1. TOTAL RETURN (KGF and KSGF are still "LEADER" in THE EDGE newspaper)
(Meaning according to Lipper Leader: The Lipper Rating for Total Return denotes a fund that has provided SUPERIOR total returns (income from dividends and interest as well as capital appreciation) when compared to a group of similar funds.
The Lipper Rating for Total Return maybe the best fit for investors who want the best historical return, without looking at risk. This measure alone may not be suitable for investors who want to avoid downside risk. For more risk-averse investors, the Total Return ratings can be used with Preservation and/or Consistent Return ratings to make an appropriate selection that balances the risk and return.)
2. CONSISTENT RETURN (KGF and KSGF are still "LEADER" in THE EDGE newspaper)
(Meaning according to Lipper Leader: The Lipper Rating for Consistent Return identifies a fund that has provided relatively SUPERIOR consistency and risk-adjusted returns when compared to a group of similar funds. Funds which achieve high ratings for Consistent Return maybe the best fit for investors who value a fund's year-to-year consistency relative to other funds in a particular peer group.
Investors are cautioned that some peer groups are inherently more volatile than others, and even Lipper Leaders for Consistent Return in the most volatile groups may not be well suited to shorter-term goals or less risk-tolerant investors.)
3. PRESERVATION (KGF and KSGF are still "LEADER" in THE EDGE newspaper)
(Meaning according to Lipper Leader: The Lipper Rating for Preservation is a fund that has demonstrated a SUPERIOR ability to preserve capital in a variety of markets when compared with other funds in its asset class.
Choosing a Lipper Rating for Preservation may help to minimize downside risk relative to other fund choices in the same asset class. Investors are cautioned that equity funds have historically been more volatile than mixed-equity or fixed income funds, and that even the Lipper Rating for Preservation in more volatile asset classes may not be well suited to shorter-term goals or less risk-tolerant investors.
JUST AN ANALOGY: ASK YOURSELF, DO YOU WANT TO STAY IN A 3-STAR HOTEL OR A 5-STAR HOTEL? WHICH ONE DO YOU CHOOSE? I CAN ONLY SHOW YOU WHICH IS WHICH, YET ONLY YOU CAN CHOOSE THE BEST...