Morningstar Announces Winners of the Korea Fund Awards 2014

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Printer-friendly versionPrinter-friendly versionSEOUL, 4 March 2014—Morningstar Korea Limited, a subsidiary of independent investment research provider Morningstar, Inc. (NASDAQ: MORN), today announced the winning funds and fund houses of the Morningstar Korea Fund Awards 2014. The Morningstar Korea Fund Awards recognize retail funds and fund houses that added the most value for investors within the context of their relevant peer group in 2013 and over the longer term. Winners are selected using a quantitative methodology with a qualitative overlay developed by Morningstar that considers the one- and three-year performance history of all eligible funds. Morningstar adjusts the returns for risk using Morningstar Risk, a measure that imposes a higher penalty for downside variation in a fund’s return than it does for upside volatility. ”In this year’s awards, we acknowledged the fund category and fund house winners that have sustained solid risk-adjusted returns and kept in line with their own investment philosophy, especially in the domestic-equity fund categories’, Richard Ahn, Morningstar Korea’s director of fund analysis, said.The winners of the Morningstar Korea Fund Category Awards 2014 are:EQUITY FUND CATEGORY and FUND SHARE CLASS WINNERBest Korea Large-Cap Equity Fund: Shinyoung High Dividend Investment Trust (Equity) ABest Korea Small/Mid-Cap Equity Fund: KIVAM 10 Year Long-Term Housing Plan Fund 1 ABest Korea China Equity Fund: Samsung Great China Securities Investment Trust Feeder 1 [Equity] Class ABest Broad Emerging Markets Equity Fund: Schroder BRICs Equity Fund Baby A-1FIXED-INTEREST FUND CATEGORY and FUND SHARE CLASS WINNERBest Korea Bond Fund: HI Pension Feeder Fund 1 [Bond]ALLOCATION FUND CATEGORY and FUND SHARE CLASS WINNERBest Korea Aggressive Allocation Fund: Shinyoung VIP Value 60 Investment Trust 1(Equity Balanced) 1 BBest Korea Cautious Allocation Fund: KIVAM 10 Year Investment Balanced Fund 1 CThe winners of the Morningstar Korea Fund House Awards 2014 are:FUND HOUSE CATEGORY and FUND HOUSE WINNERBest Domestic Equity Fund House: Shinyoung Asset ManagementBest International Equity Fund House: Schroders Korea LimitedBest Domestic Fixed Income Fund House: Mirae Asset Global InvestmentThe Morningstar Korea Fund Awards are based on Morningstar fund data for the period of 1 January 2013 to 31 December 2013. For more information about the awards and the methodology, please visit References to and commentary on the above mentioned mutual funds should not be considered a solicitation to buy or sell that fund.About Morningstar Korea Limited and Morningstar, Inc.Morningstar Korea Limited is a subsidiary of Morningstar, Inc., a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors. Morningstar provides data on approximately 446,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 10 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its registered investment advisor subsidiaries and had approximately $159 billion in assets under advisement and management as of Dec. 31, 2013. The company has operations in 27 countries.Morningstar expanded to Asia in April 2000 and has grown its businesses into Japan, Korea, India, mainland China, Taiwan, Singapore, Malaysia, Thailand and Hong Kong. The Asia operations not only offer timely information on mutual funds, but also insightful and independent analyses, unbiased fund ratings, and sophisticated analytical tools to help both individual and professional investors make better investment decisions.# # #©2014 Morningstar, Inc. All rights reserved.

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