The FundGrade A+ Award is given annually to investment funds and managers
who have shown consistent, outstanding, risk-adjusted performance
throughout the year. The FundGrade A+ Award provides investors, advisors,
and fund managers with a single, reliable, easy-to-understand
fund-performance rating based on up to 10 years of history.
Receiving the A+ Award for 2017 were 170 mutual funds, 38 exchange-traded
funds (ETFs), 63 segregated funds, and 3 Responsible Investing funds. “The
FundGrade A+ Rating is a totally objective, transparent, score-based annual
fund performance calculation,” said Janny Vincent, President and CEO of
Fundata Canada Inc. Ms. Vincent added that Award winners join an elite,
highly prestigious group. “Tonight’s 274 winning funds represent only about
6.5 percent of the eligible mutual funds, segregated funds, and ETFs
tracked by Fundata,” she said.
The FundGrade A+ Rating uses a score-based calculation to arrive at a
grade-point average that ranks investment funds to determine the annual
“best-of-the-best” ratings. The top-performing funds with a responsible
investing mandate were honoured separately, with a winner from each of the
Equity, Balanced, and Fixed Income categories.
The investment fund industry is a crucial component of Canadians’ net
worth. With $1.48 trillion in assets under management in 2017, the mutual
fund industry accounts for more than a third of Canadians’ financial
wealth. And the ETF industry continues to grow, reaching a new high of $147
billion in assets under management in 2017.
“With such a large and diverse product universe, and with such an immense
amount of investors’ capital under management, the need for absolutely
reliable performance data and truly objective ratings has never been
greater,” said Ms. Vincent. “We take pride in the fact that the FundGrade
A+ Award has been embraced by our industry as a truly independent and
objective benchmark, and an acknowledgement of superior fund performance,”
For more information and a complete list of the funds receiving the Fundata
FundGrade A+ Rating for the calendar year 2017, please visit www.fundgradeawards.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
provider in the distribution of fund and stock information in Canada. Our
database contains data on over 39,000 investment fund products. 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.
About the Fundata FundGrade A+ Rating
FundGrade A+ Rating identifies funds that have been consistent FundGrade A-Grade performers
over the past calendar 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.
Contact: Reid Baker
Director, Analytics & Data
Phone: 416-445-5443 ext. 240