Blog |News|WST Capital Management Honored With the 2023 Refinitiv Lipper Fund Award

WST Capital Management Honored With the 2023 Refinitiv Lipper Fund Award


Norfolk, VA | May 3, 2023 | WST Capital Management is pleased to announce that it is being honored with a 2023 Refinitiv Lipper Fund Award in the United States.

The following WST Capital Management Fund is being recognized for its consistently strong, risk-adjusted performance relative to its peers over the given time frame:

  • WSTCM Credit Select Risk-Managed Fund, Institutional (WAMIX), Best Fund Over 3 Years

For more than 30 years, Refinitiv Lipper Fund Awards have sought to reflect a truly independent and uncompromised assessment of performance. Lipper uses independent fund data and a proprietary methodology that balances consistency and flexibility to adapt to an ever-changing universe of funds. Receiving a Refinitiv Lipper Fund Award is indeed an honor for an investment firm.

“At WST Capital Management, we embrace the science of investing and aim to provide investors a balance of protection and growth — encouraging confident participation over the long-term,” said Roger Scheffel, CIO of WSTCM. “We are honored to receive this award from Lipper for the three-year performance of the WSCTM Credit Select Risk-Managed Fund.”

WST Capital Management is a division of Wilbanks Smith & Thomas Asset Management, LLC, a privately owned, independent organization founded in 1990.


Important Information

The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60, and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award.

For more information, see

Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper. There is no guarantee that the Fund will meet its objectives. Past performance does not guarantee future results.


Awards Methodology

The merit of the winners is based on objective, quantitative criteria. The influential and prestigious Refinitiv Lipper Fund Awards are based on our Lipper Leaders Rating for Consistent Return. Individual classifications of three, five, and 10-year periods, as well as fund families with high average scores for the three-year period, are also recognized. The awards are based on Refinitiv Lipper’s proven proprietary methodology, which can be viewed here.

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