The Morningstar Fund Manager of the Year Award recognizes portfolio managers who demonstrate a skill for investing through a good yearly return, a record of delivering long-term performance and by aligning their interests with that of shareholders, according to the firm.
Fund Manager of the Year Award winners are chosen based upon Morningstar’s proprietary research and in-depth evaluation by its senior editorial staff.
2002′ Winners are:
The Low-Priced Stock Fund, which now has $15 billion in assets, owns nearly 900 stocks. The fund was down 6% for 2002.
The Julius Baer International Equity fund has led its category in every full calendar year since these managers took control in mid-1995. In 2002, it lost a little more than 6% to place in the top 5% of Morningstar’s foreign-stock fund category. The Fund has posted an annualized return of nearly 10% during the trailing five years, beating all but five of its peers.
The Dodge & Cox Income fund’s rolling 12-month returns outperformed those of its peers in every single period during a 10-year stretch.