Investment research firm Morningstar has announced the winners of its UK Fund Awards 2018.   

The annual Morningstar UK Fund Awards recognise the retail funds and fund groups that added the most value for investors within the context of their relevant peer group in the previous year and over longer time periods.

The company says it selected the winners using a “quantitative methodology” and eligible funds needed a five-year performance track record.

The winners of the Morningstar UK Fund Awards 2018 were:

Jonathan Miller, Morningstar UK’s director of manager research, said: “We saw many strong contenders for the Morningstar UK Fund Awards 2018 and the winning funds and fund houses have demonstrated the ability to earn strong risk-adjusted returns for investors.”

He added: “It’s important for investors to take a long-term view to avoid undue risk.”