Fundata awards Western Canada mutual funds top FundGrade® A+ Rating
VANCOUVER, Jan. 29, 2013 /CNW Telbec/ - At a special presentation in Vancouver yesterday, Fundata Canada Inc. honoured Western Canada-based mutual fund winners of the Fundata FundGrade A+ Ratings for 2012. The presentation was a follow-up to a similar event in Toronto on January 24, 2013, and was designed specifically to highlight the achievements of mutual funds based in Western Canada.
Janny Vincent, President and CEO of Fundata Canada Inc., said, "We are pleased to acknowledge Western Canadian fund recipients of the FundGrade A+ Rating for 2012. Award winners have demonstrated consistent, outstanding risk-adjusted performance through the year measured against their peers right across the country." Ms. Vincent pointed out that this is a significant achievement, considering the Canadian fund universe consists of some 23,000 funds entries, and less than 2% of the investment fund products available in Canada have received a FundGrade A+ rating.
The following funds, based in Western Canada, all received the Fundata FundGrade A+ Rating:
Compass Balanced Growth Portfolio Compass Balanced Portfolio Compass Conservative Portfolio Compass Conservative Balanced Portfolio DFA Investment Grade Fixed Income Fund Mawer Balanced Fund Mawer Tax Effective Balanced Fund Mawer New Canada Fund |
Mawer Canadian Equity Fund Mawer Global Equity Fund Mawer Global Small Cap Fund Mawer International Equity Fund Pender Small Cap Opportunities Fund Phillips, Hager & North Canadian Equity Value Fund Steadyhand Equity Fund Steadyhand Small-Cap Equity Fund |
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"We feel that identifying and honouring Western Canada's top-notch investment funds with the FundGrade A+ Rating signifies a very unique accomplishment by the fund companies and will allow investors and advisors to easily identify the best of the best over the past year," said Ms. Vincent.
The FundGrade A+ Rating is the first and only totally objective, transparent, score-based calculation using a grade-point average that ranks funds to determine the annual "best-of-the-best" ratings. As such, the FundGrade A+ Rating provides investors, advisors, and fund managers with a single, reliable, easy-to-understand fund-performance rating based an entire calendar year.
For more information and a complete list of the funds receiving the Fundata FundGrade A+ Rating for the calendar year 2012, please visit the Fundata FundGrade A+ website.
About FundGrade
Fundata's FundGrade is an independent and objective investment-fund rating system that recognizes funds with superior risk-adjusted returns. FundGrade provides a quick and easy approach for identifying funds with a track record of first-rate performance, helping investors identify exceptionally performing funds. From an "A" (superior past performance) to an "E" grade (poor past performance), our rating system assigns a grade to over 7,000 investment funds.
About FundGrade A+ Rating
FundGrade A+ Grade identifies funds that have been consistent FundGrade A Grade performers over the past year. It's the only objective rating system available in the market that's based solely on risk-adjusted performance history and that takes into account the consistency with which a fund is ranked at the top of its CIFSC class. In short, the FundGrade A+ Rating identifies funds with not only the best risk-adjusted returns but also those demonstrating the highest level of consistency.
Mutual Funds and Segregated Funds have been graded separately. Pooled Funds and Hedge Funds are not included in the calculations.
For more information on the Fundata FundGrade and FundGrade A+ rating system or to obtain a detailed explanation on how FundGrade and FundGrade A+ is calculated, please visit www.fundata.com.
About Fundata Canada Inc.
Fundata Canada Inc. has been providing data aggregation and dissemination services to the Canadian media and financial marketplace since 1987. Fundata is a major player in the distribution of fund and stock information in Canada. Our database contains over 23,000 investment products, covering 850 data points. Fundata provides customized data feeds, top-shelf analytics, cutting-edge software tools, and seamless hosted web solutions for fund companies, back office systems, investment planners, banks, trust companies, resellers and redistributors, and online, print, and broadcast media channels.
For more information, visit www.fundata.com.
SOURCE: Fundata Canada Inc.
Phillip Boyd
Head of Product Management
416-445-5534 x 260
[email protected]
38 Lesmill Road
Toronto, ON
M3B 2T5
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