MONTRÉAL, Jan. 23, 2015 /CNW Telbec/ - Professionals' Financial received a prestigious Fundata FundGrade A+ Award at a ceremony held in Toronto on January 21st, recognizing two mutual funds, Professionals' Canadian Dividend Fund and Professionals' Retirement Balanced Fund, which maintained exceptional levels of stability and performance all year long.
Fundata's FundGrade rating system identifies Canada's premier mutual funds that demonstrated superior adjusted performance compared to other funds. The A+ rating recognizes mutual funds with the highest level of stability and performance.
"It is a great honour for Professionals' Financial to receive this prize awarded to less than 4% of mutual funds available in Canadaˮ, said André Sirard, president and CEO of Professionals' Financial. "We manage assets of nearly $3 billion; this reward is therefore proof of the quality work our team does, and shows that we can stand out in the Canadian portfolio management segment."
Exceptional performance for Professionals' Financial Funds in 2014
According to Morningstar ratings, 86% of Professionals' Financial funds were rated above the median over a one-year period and 50% of them ranked in the first quartile. Over four years, 83% of the funds were rated above the median, an excellent performance benefitting all its clients.
About Professionals' Financial
Professionals' Financial is a corporation specializing in wealth management based in Montreal. It offers products and services in private management, solutions in financial planning, as well as a comprehensive range of mutual funds. Established in 1978 by and for professionals, the Financial has always focused on keeping its fees among the lowest in the Canadian market. It is supported by the Fédération des médecins spécialistes du Québec, the Association des chirurgiens dentistes du Québec, the Corporation de service de la Chambre des notaires, the Association des architectes en pratique privée du Québec and the Association québécoise des pharmaciens propriétaires. This allows the firm to provide a unique offering of impartiality, representation of its clients' interests and performance.
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The FundGrade rating is used with permission from Fundata Canada Inc., all rights reserved. Fundata is a Canadian investment funds data and analytics company. The FundGrade A+ Rating identifies funds that have consistently demonstrated the best risk-adjusted returns through an entire calendar year. For more information on the rating system, please visit www.fundata.com.
Commissions, trailing commissions, management fees and expenses all may be associated with investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns, including changes in portfolio value and reinvestment of all distributions, but do not take into account sales, redemption, distribution or optional charges or income taxes payable by an investor that would have reduced returns. The Funds' securities are not insured by the Canada Deposit Insurance Corporation. Mutual funds are not guaranteed, their value changes frequently, and past performance may not be repeated.
SOURCE PROFESSIONALS' FINANCIAL
François Landry, Senior Vice-President and Chief Investment Officer, Professionals' Financial - Mutual Funds Inc., 2 Complexe Desjardins, Tour de l'Est, 31st Floor, P.O. Box 1116, Montréal, Quebec H5B 1C2, Tel. :514-350-5095 / 1-888-377-7337, [email protected]; For more information: www.professionalsf.com; *** Photos available upon request.
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