Collins Stewart Fund Receives Morningstar Recognition
Monday, June 20, 2011

Morningstar, an internationally-renowned, independent investment research company, has rated the Collins Stewart Sterling Fixed Interest Fund with four stars, moving the fund into the upper echelons of the Morningstar peer groups in recognising the fund’s consistent returns and low volatility. The rating is based on risk-adjusted returns over a five-year period.

The Collins Stewart Sterling Fixed Interest Fund is based on a central model created in 1998. Since this time it has returned 110% which equates to an annualized performance of 6% per annum.

Lee Morris, a Senior Fixed-Interest Investment Manager said: "This recognition is a great example of Collins Stewart’s local excellence and international expertise, and clearly differentiates us from our local competitors."

Richard Pemberton, co-manager of the fund, added: "The returns have been achieved with very low volatility. The central philosophy of the Fixed Interest Fund is to generate longer term value whilst preserving capital with a diversified portfolio of fixed interest instruments."

Chris Huelin, Lead Manager and Head of Fixed Interest, explained:

"The Collins Stewart Fixed Interest strategies are suited to investors who are seeking stability combined with income and capital protection. This is achieved through active portfolio management. The four-star rating recognises our consistent approach of achieving solid returns coupled with minimum risk for over a decade."

"Our approach encompasses an international mindset. We utilize a measured exposure to global bonds and currencies alongside selected developed market issuers and alternative strategy funds. This allows us to maximize the returns available from an asset class that currently delivers relatively low yields."

"The fund structure allows investors of all sizes to participate in our successful strategy which is ideal for those seeking a local yet internationally-recognised investment manager in Jersey. Our key achievement over the years has been vigilance in protecting the capital entrusted to us by our clients. This successful formula will enable us to provide consistent and stable returns in varying market conditions."

The Sterling Fixed Interest Fund is a cell of the Collins Stewart PCC Limited, an open-ended investment company authorized in Guernsey as a Class B scheme under the Protection of Investors (Bailiwick of Guernsey) Law, 1987, as amended.