JB Vantage continues winning streak for Unit Trust at CFA Capital Market Awards 2019

JB Vantage won not only the Silver but also the Bronze award in the Best Unit Trust category, at the seventh annual CFA Capital Market Awards, held at the Cinnamon Grand recently. This is the fourth consecutive year that JB Vantage has bagged awards in this category, gaining industry recognition as the leading partner for unit trust investments in the country.

Speaking of the win Christine Dias Bandaranaike, CEO, JB Financials said, “It is once again a great honour to be recognized by the cream of the capital market industry. JB Vantage outshone our peers by delivering best in class performance. Our Money Market Fund has been the category’s best performing fund in six of the past seven years.We aim to offer funds that are easy to access and high performing investment alternatives to traditional fixed deposits.”

Christine further added, “We are the only fund manager in Sri Lanka to adhere to both the Asset Manager Code and the Global Investment Performance Standards (GIPS)- two rigorous best practices recommended by the CFA Institute. We also work hard at our user experience, to think from our investor’s perspective, to use easy to understand documents and presentations. We also follow the example of US fund giant Vanguard and invest in our own funds, reassuring our investors that we believe in the investments we recommend.”

The Capital Market Awards, organized by CFA Society Sri Lanka, is the only industry awards ceremony that recognizes and rewards best performance in Sri Lanka’s capital market. The main objective of the awards is to encourage and reward industry professionals who introduce and adhere to strong standards of excellence in the capital market. The awards recognize gold, silver and bronze winners under five categories – Best Equity Research Report, Best Sector Report, Best Investor Relations, Best Stock Broker Research Firm, and Best Unit Trust.

The Best Unit Trust award recognizes fund management companies that give priority to unit holder interest, promote better compliance and transparency, encourage adoption of best practices in asset management and deliver competitive risk adjusted returns to clients. JB Vantage’s constant recognition showcases its constant strive to work harder on behalf of its investors for performance, prudence and investor experience.

JB Vantage began operating unit trusts in 2011, giving more people the opportunity to invest in the capital market. The unit trust fund portfolio includes JB Vantage Money Market Fund, JB Vantage Value Equity Fund and JB Vantage Short Term Gilt Fund. Currently the funds have over Rs. 10 billion assets under management and over 200 satisfied investors. Deutsche Bank AG Colombo is the third party trustee and custodian of the funds. JB Vantage employs the most rigorous industry practices, including GIPS, the Asset Manager Code, the CFA Institute Code of Ethics and Conduct.

CFA Sri Lanka is the local affiliate of the CFA Institute, the premier global association of investment professionals. The CFA Institute stands for creating an environment where investors’ interests come first, markets function at their best, and economies grow.


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