Lonsec gave two funds an investment grade rating: Australian Unity and Colonial First State.
It also assigned a recommended rating to eight funds: BT, GSJBWere, ING, Maple-Brown Abbott, Perpetual, UBS, Vanguard and Zurich.
Lonsec's annual diversified sector review has resulted in the assignment of only one highly recommended rating to BlackRock, and downgrades to Aberdeen/Credit Suisse and UBS funds.
Lonsec gave two funds an investment grade rating: Australian Unity and Colonial First State.
It also assigned a recommended rating to eight funds: BT, GSJBWere, ING, Maple-Brown Abbott, Perpetual, UBS, Vanguard and Zurich.