TORONTO, Jan. 26, 2018 /CNW/ - Dynamic Funds is the recipient of 14 2017 FundGrade A+ Awards. The awards are given annually to investment funds and their managers who have shown consistent, outstanding, risk-adjusted performance through the entire previous calendar year.
| Fund |
Portfolio Manager |
| Dynamic Dividend Fund Series A |
Jason Gibbs, Bill McLeod, Vim Thasan, Tom Dicker, Eric Benner, Oscar Belaiche |
| Dynamic Equity Income Fund Series A |
Jason Gibbs, Bill McLeod, Tom Dicker, Eric Benner, Oscar Belaiche |
| Dynamic Financial Services Fund Series A |
Yassen Dimitrov |
| Dynamic Global Asset Allocation Fund Series A |
David Fingold, Michael McHugh |
| Dynamic Global Balanced Fund Series A |
Dana Love |
| Dynamic Global Dividend Fund Series A |
David Fingold |
| Dynamic Global Infrastructure Fund Series A |
Frank Latshaw, Jason Gibbs, Oscar Belaiche |
| Dynamic Global Real Estate Fund Series A |
Tom Dicker, Oscar Belaiche |
| Dynamic Precious Metals Fund Series A |
Robert Cohen |
| Dynamic Preferred Yield Class Series A |
Marc-André Gaudreau |
| Dynamic Strategic Resource Class Series A |
Robert Cohen, Jennifer Stevenson |
| Dynamic Total Return Bond Fund Series A |
Christine Horoyski |
| DynamicEdge Conservative Class Portfolio Series A |
Judith Chan |
| Marquis Balanced Income Portfolio Series A |
Judith Chan |
"We are honoured to receive a number of FundGrade A+ awards again this year. We are deeply committed to helping our clients protect and grow their life savings – and this recognition is testament to that. Congratulations to our investment management team for this fantastic achievement," said Glen Gowland, President & CEO, Dynamic Funds.
About Dynamic Funds
Dynamic Funds is a division of 1832 Asset Management L.P., which offers a range of wealth management solutions, including mutual funds, investment solutions for private clients, institutional clients and managed asset programs. 1832 Asset Management L.P. is a limited partnership, the general partner of which is wholly owned by Scotiabank. ® Dynamic Funds is a registered trademark of its owner, used under license.
About the Fundata FundGrade A+® Awards
FundGrade A+® is used with permission from Fundata Canada Inc., all rights reserved. The annual FundGrade A+® Awards are presented by Fundata Canada Inc. to recognize the "best of the best" among Canadian investment funds. The FundGrade A+® calculation is supplemental to the monthly FundGrade ratings and is calculated at the end of each calendar year. The FundGrade rating system evaluates funds based on their risk-adjusted performance, measured by Sharpe Ratio, Sortino Ratio, and Information Ratio. The score for each ratio is calculated individually, covering all time periods from 2 to 10 years. The scores are then weighted equally in calculating a monthly FundGrade. The top 10% of funds earn an A Grade; the next 20% of funds earn a B Grade; the next 40% of funds earn a C Grade; the next 20% of funds receive a D Grade; and the lowest 10% of funds receive an E Grade. To be eligible, a fund must have received a FundGrade rating every month in the previous year. The FundGrade A+® uses a GPA-style calculation, where each monthly FundGrade from "A" to "E" receives a score from 4 to 0, respectively. A fund's average score for the year determines its GPA. Any fund with a GPA of 3.5 or greater is awarded a FundGrade A+® Award. For more information, see www.FundGradeAwards.com. Although Fundata makes every effort to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Fundata.
FundGrade Ratings are subject to change every month.
Performance and the number of mutual funds in the category for Dynamic Dividend Fund Series A for the period ended December 31, 2017 is as follows: 11.9%, 311 funds (1 year), 8.7%, n/a (3 years), 11.0%, n/a (5 years), 6.5%, n/a (10 years), and 8.5%, n/a (since inception on August 1985).
Performance and the number of mutual funds in the category for Dynamic Equity Income Fund Series A for the period ended December 31, 2017 is as follows: 11.1%, 311 funds (1 year), 8.7%, n/a (3 years), 9.2%, n/a (5 years), 7.9%, n/a (10 years), and 11.3%, n/a (since inception on July 2001).
Performance and the number of mutual funds in the category for Dynamic Financial Services Fund Series A for the period ended December 31, 2017 is as follows: 23.5%, 35 funds (1 year), 13.6%, n/a (3 years), 16.9%, n/a (5 years), 6.3%, n/a (10 years), and 8.7%, n/a (since inception on October 1972).
Performance and the number of mutual funds in the category for Dynamic Global Asset Allocation Fund Series A for the period ended December 31, 2017 is as follows: 8.9%, 588 funds (1 year), 10.1%, n/a (3 years), 11.1%, n/a (5 years), 6.0%, n/a (10 years), and 5.2%, n/a (since inception on May 2007).
Performance and the number of mutual funds in the category for Dynamic Global Balanced Fund Series A for the period ended December 31, 2017 is as follows: 11.9%, 688 funds (1 year), 8.7%, n/a (3 years) and 7.6%, n/a (since inception on November 2013).
Performance and the number of mutual funds in the category for Dynamic Global Dividend Fund Series A for the period ended December 31, 2017 is as follows: 21.8%, 838 funds (1 year), 14.1%, n/a (3 years), 16.0%, n/a (5 years), 6.9%, n/a (10 years), and 7.2%, n/a (since inception on February 2006).
Performance and the number of mutual funds in the category for Dynamic Global Infrastructure Fund Series A for the period ended December 31, 2017 is as follows: 14.1%, 38 funds (1 year), 7.5%, n/a (3 years), 11.0%, n/a (5 years), 7.1%, n/a (10 years), and 7.6%, n/a (since inception on July 2007).
Performance and the number of mutual funds in the category for Dynamic Global Real Estate Fund Series A for the period ended December 31, 2017 is as follows: 5.7%, 68 funds (1 year), 6.9%, n/a (3 years), 8.5%, n/a (5 years), 5.9%, n/a (10 years), and 7.5%, n/a (since inception on January 1984).
Performance and the number of mutual funds in the category for Dynamic Precious Metals Fund Series A for the period ended December 31, 2017 is as follows: 12.9%, 37 funds (1 year), 25.2%, n/a (3 years), -0.3%, n/a (5 years), 1.0%, n/a (10 years), and 6.5%, n/a (since inception on January 1984).
Performance and the number of mutual funds in the category for Dynamic Preferred Yield Class Series A for the period ended December 31, 2017 is as follows: 14.2%, 31 funds (1 year), 4.3%, n/a (3 years), and 3.7%, n/a (since inception on April 2013).
Performance and the number of mutual funds in the category for Dynamic Strategic Resource Class Series A for the period ended December 31, 2017 is as follows: 2.3%, 76 funds (1 year), 10.8%, n/a (3 years), 7.7%, n/a (5 years), and 4.1%, n/a (since inception on November 2011).
Performance and the number of mutual funds in the category for Dynamic Total Return Bond Fund Series A for the period ended December 31, 2017 is as follows: 1.7%, 321 funds (1 year), 1.9%, n/a (3 years), 2.4%, n/a (5 years), and 2.9%, n/a (since inception on August 2010).
Performance and the number of mutual funds in the category for DynamicEdge Conservative Class Portfolio Series A for the period ended December 31, 2017 is as follows: 6.8%, 220 funds (1 year), 4.1%, n/a (3 years), 5.3%, n/a (5 years), and 5.0%, n/a (since inception on February 2012).
Performance and the number of mutual funds in the category for Marquis Balanced Income Portfolio Series A for the period ended December 31, 2017 is as follows: 6.4%, 688 funds (1 year), 4.9%, n/a (3 years), 6.2%, n/a (5 years), 5.3%, n/a (10 years), and 5.5%, n/a (since inception on July 2004).
Commissions, trailing commissions, management fees and expenses all may be associated with investments in the funds. Please read the prospectus before investing. Investments in the funds are not guaranteed; their values change frequently and past performance may not be repeated.
SOURCE Dynamic Funds
Customer Relations Centre, 1-800-268-8186, www.dynamic.ca; For media enquiries only: Alexandra Mathias, Canadian Banking Communications, Scotiabank, [email protected], 416-933-8802
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