The S SEK share class in Finserve Global Defence & Security Fund has been awarded Morningstar's highest Medalist rating – Gold. The rating is forward-looking and reflects Morningstar's assessment of the fund's potential to outperform the average in its category over an entire market cycle. The Morningstar Medalist Rating is based on an assessment of the fund's management team, investment process, management company and fee level. Gold is the highest level on Morningstar's five-point scale, which also includes Silver, Bronze, Neutral and Negative. A testament to the fund's long-term prospects Morningstar describes the Medalist Rating as a forward-looking analysis of a fund's likely ability to create value relative to comparable funds. The assessment is based on, among other things, the three central pillars of People, Process and Parent, supplemented by an assessment of the fund's fees. For Finserve Global Defence & Security Fund, the award comes at a time when the defense, security and space sectors are in a structural shift. Increased defense budgets, higher investments in cybersecurity and a growing importance of space-based infrastructure create long-term conditions for companies operating in these areas.…