China Banking Corp. recently announced that its dollar fund and intermediate fixed-income fund were named as the “Best Managed Funds” by the Chartered Financial Analyst (CFA) Society of the Philippines.
CHINA Banking Corp. recently announced that its dollar fund and intermediate fixed-income fund were named as the “Best Managed Funds” by the Chartered Financial Analyst Society of the Philippines.
Lim said the lender’s dollar fund won the “dollar long-term bond” category, winning “Best Managed Fund” for the sixth time since 2016. According to Lim, the winners were assessed using the Sortino ratio of each fund based on its 5-year and 3-year track record. The Sortino ratio captures the risk-adjusted return of a fund by comparing its return against the fund’s downside risk or volatility.
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