Please forward this error screen to 209. Australia’s most prestigious investment and financial services awards. What the judges at Morningstar said: The winner of the Blue Ribbon Award for best listed investment company is Milton Corporation. The income-focused, buy-and-hold philosophy has changed little over the years, is led by an best silver investment strategies team and charges a fee that is the lowest among its peers.
Led by experienced portfolio manager Frank Gooch for the last 20 years, Milton Corporation is an excellent option for investors who have an affinity for the light touch active management style favoured by listed investment companies but don’t want to pay a premium to net tangible assets. 7 billion, the firm has been able to scale up its investment resources while keeping a firm lid on fees. Milton charges a measly 12 basis points a year, which is somehow even lower than the cheapest passive Australian equity option. Bank of the year NAB What the finder.
NAB is the Blue Ribbon Award winner for Bank of the Year in 2016. NAB won this award after analysing its offerings over 11 products and features. Among the categories judged were home loans, credit cards, savings and transaction accounts. Features included fees, rates and accessibility. The results delivered a comfortable win for NAB and a fourth consecutive Bank of the Year title. Regional bank of the year Heritage Bank What the finder.
After comparing Heritage Bank’s offerings with other regional banks across key product lines and categories it was the obvious winner of the Blue Ribbon Award for Regional Bank of the year. Retail super fund of the year Aon Hewitt Asia Pacific What the Lonsec Fiscal judges said: Aon Hewitt is the winner of the Blue Ribbon Award for Retail Super Fund of the year for the third year running. Life insurer of the year MLC What the Rice Warner judges said: MLC is the life company of the year for 2016. It is competitive across all product lines. Product upgrades coupled with pricing adjustments in the latter part of 2015 have made MLC insurance a truly compelling offer for customers. Online bank of the year ME What the finder. ME is Blue Ribbon Award winner for Online Bank of the Year in 2016.
ME won this award for not only its outstanding online presence, which offers customers a broad selection of products, but also its low fees, competitive rates and access to more than 3000 ATMs nationwide. Retail super fund of the year Aon Hewitt Asia Pacific What the Lonsec Fiscal judges said: Aon Hewitt is the winner of the Blue Ribbon Award for Retail Super Fund of the year for the third year running. Regional bank of the year Heritage Bank What the finder. Holders of Milton haven’t had to forgo returns either, with the data from our research partners showing a compounded annualised return of 7. 97 per cent over the last five years from April 30. The listed investment company space has become quite crowded in recent years as the appeal of the structure came back in vogue, however if you don’t already own it you should consider making room for Milton Corporation.