Media
Small Companies Fund finalist in the S&P Awards
Tue, 03 Nov 2009
On October 30 it was announced that the Aviva Investors Small Companies Fund was a finalist in the Australian Equities – Small Cap sector of the 2009 Standard & Poor's Fund Awards.
The awards are based on a qualitative assessment of specific investment-management capabilities within an investment sector.
Being a finalist is recognition of the fund’s continued outperformance during challenging market conditions, having generated an excess return of 7.6% p.a. (gross of fees) over its benchmark since its inception.1 The fund has been consistently ranked in the 1st quartile of performance over the long term2 and has achieved strong ratings from research houses.
1 Returns are calculated as at 31 October 2009. Net of fees the fund has generated an excess return of 6.5% p.a. above its benchmark since inception. The fund’s benchmark is the S&P/ASX Small Ordinaries Accumulation Index. The Inception date of the Aviva Investors Professional Selection Small Companies Fund is 19th November 1999.
2 Mercer MPA Retail IDPS Australian Small Companies survey as at 31 October 2009.