"The fund's consistent outperformance over the recent years and in a period of heightened volatility has been impressive," Lonsec said in a report.
"Lonsec regards the strength of this fund to be the manager's disciplined and consistently applied investment process, strong risk management framework and available funds under management capacity."
Lonsec said the fund's portfolio managers, Stephen Wood, John Campbell and Jeremy Bendeich, together boasted an average 17 years' industry experience, which exceeded Lonsec's peer group average.