Invesco Trimark wins Overall Equity Group Award at the 2010 Canadian Lipper
Awards
TORONTO, Feb. 19 /CNW/ - Invesco Trimark is pleased to announce that it won four awards at the 2010 Canadian Lipper Awards ceremony held last night in Toronto, including an Overall Group Award in the Equity category for the latest three-year period. This award recognizes the company with the best average decile ranking of its respective asset class based on Lipper's pre-determined criteria and ranking methodology.
For the second consecutive year, Trimark Europlus Fund was honoured as the best fund in the European Equity category over the latest 10-year period. The portfolio management team focuses on companies that offer strong management, industry leadership and a demonstrated financial commitment to securing a competitive advantage. The Fund, which was also a multiple-year winner at the Canadian Investment Awards in recent years, is managed by Michael Hatcher and Dana Love.
Trimark Canadian Resources Fund won as the best fund in the Natural Resources Equity category over the latest three-year period. The Fund invests in companies in, or related to, the natural resources industry that are attractively priced relative to their historical earnings, cash flow and valuation record. The Fund is managed by Norman MacDonald.
Perpetual Indo-Pacific Fund received the award for best fund in the Asia Pacific Equity category over the latest five-year period. The portfolio management team looks to own companies with good quality management teams and undervalued earnings streams. Managed by Invesco Perpetual's U.K.-based team of Paul Chesson, Stuart Parks and Tony Roberts, the Fund is a prime example of how Invesco Trimark is bringing the best from around the world of Invesco to meet the evolving needs of Canadian investors.
"For almost 30 years we've been committed to building wealth for investors over the long term," said Graham Anderson, Invesco Trimark's Chief Investment Officer. "Being recognized with these awards is further illustration of the combined strength and depth of our investment solutions"
The Lipper Fund Awards recognize funds that have excelled in delivering consistently strong risk-adjusted performance, relative to peers. In addition, the Lipper Fund Awards recognize fund families with high average scores for all mutual funds within a particular asset class or overall. The Lipper Fund Awards are formally announced each year at ceremonies which take place in 21 countries in Asia, Europe, MENA, and the Americas.
Invesco Trimark Ltd. is one of Canada's largest investment management companies. A subsidiary of Invesco Ltd., Invesco Trimark, offers a diversified suite of investment solutions to institutions, organizations, companies and individual investors across Canada and around the world. With approximately US$423 billion* in assets under administration, Invesco Ltd. is a leading independent global investment management company, dedicated to helping people worldwide build their financial security. By delivering the combined power of our distinctive worldwide investment management capabilities, Invesco provides a comprehensive array of enduring investment solutions for retail, institutional and high net worth clients around the world. Operating in 20 countries, the company is listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at www.invesco.com.
Commissions, trailing commissions, management fees and expenses may all be associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Please read the simplified prospectus before investing. Copies are available from your advisor or from Invesco Trimark Ltd.
Lipper Disclaimer: Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper. Users acknowledge that they have not relied upon any warranty, condition, guarantee, or representation made by Lipper. Any use of the data for analyzing, managing, or trading financial instruments is at the user's own risk. This is not an offer to buy or sell securities.
* As at December 31, 2009
For further information: Aysha Mawani, Vice President, Corporate Affairs, Tel: (416) 324-7712, [email protected]
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