Recognises and rewards fund management companies that place unit holders’ interest first, provide adequate disclosures to the existing and prospective unit holders to make an informed decision, adopt stringent risk management and compliance practices, and implement other best practices in Asset Management. Unit trust funds are evaluated based on publicly available information and documents requested by the committee. Shortlisted funds are requested to make presentations. Evaluation is carried out based on the quality of disclosures and availability of information to the public, investment management, risk management, and compliance processes and practices, diligence, and transparency in managing investments and risk-adjusted returns. As encouragement to new entrants, there is also a sub-award category (New Industry Entrant Category) for the best fund with a track record between 3-5 years.