MONTREAL, Feb. 14 /CNW Telbec/ - In surveys conducted by leading
investment consulting firms in Canada, the Standard Life Diversified Fund for
institutional investors ranks in the first quartile among pooled investment
funds in Canada as at December 31, 2007, and best performing fund in the
Mercer pooled fund survey for the three-year period with an annualized return
of 11.1%. Surveys by other firms confirming Standard Life's first quartile
ranking at 2007 year-end for this fund included those by AON and API Asset
"For this fund, we have outperformed our benchmark by 115 basis points
per year over the past five years and we manage over $4.9 billion of assets in
balanced mandates of this kind," said Roger Renaud, President of Standard Life
Investments Inc. "We have also posted strong and consistent results over the
past decade, outperforming our benchmark by 68 basis points per year. Our
seasoned domestic investment teams combined with the global resources of
Standard Life Investments worldwide have achieved this performance through a
combination of a disciplined asset allocation process and security selection.
For the large majority of the equity funds that we distribute in Canada,
whether they be Canadian, US or international, we have beaten our benchmarks
over the last five years. Our fixed income team has been particularly astute
in avoiding credit issues, such as the recent problems with non-bank sponsored
asset backed commercial paper," Mr. Renaud concluded.
Another institutional fund, the Standard Life Canadian Small Cap Fund,
was singled out for top honours at the recent Canadian Investment Awards for
2007, as was a Standard Life mutual fund for individuals, the Canadian
Dividend Growth Fund.
About Standard Life Investments Inc.
Standard Life Investments Inc. has been providing investment management
services in Canada since 1973 and manages CDN$27 billion of assets. Standard
Life Investments Inc. is a subsidiary of Edinburgh-based Standard Life
Investments Limited, a leading asset management company with CDN$281 billion
of assets under management as at December 31, 2007.
Standard Life Investments Inc. is part of the Standard Life group, a
leading international provider of financial products and services
headquartered in Scotland. 2008 marks Standard Life's 175th year of operations
For further information:
For further information: Ms. Céline Hébert, Standard Life Investments
Inc., (514) 841-6962; Ms. Ann-Marie Gagné, Standard Life, (514) 499-7999, ext.