Year after year, the best funds of this kind are honoured at the Austrian Fund of Funds Award of the "Geld Magazin". Erste Asset Management achieved a convincing success at this year's Fund of Funds Award ceremony in Vienna With six (!) 1st places (including for the best global equity fund of funds), two 2nd places and five 3rd places we were the investment company with the most awards.
As every year, the approximately 400 funds available for selection were divided into the relevant investment categories (equities, bonds, alternative investments), which differ essentially in the proportion of equities. The best funds of funds were ranked on the basis of the Sharpe Ratio* (return divided by risk) over periods of one, three and five years.
The performance of the award-winning funds has been in the past and is not indicative of future returns. Nevertheless, this award recognises the performance of fund managers who, in different market situations, have succeeded in generating more returns for investors than with other products.
*The Sharpe Ratio is a ratio that puts the return achieved in relation to the risk incurred.
Austrian Fund of Funds Award 2019 (German)