EDMONTON, Nov. 9, 2017 /CNW/ - Recognized for distinction in investment excellence, ATB Investment Management Inc., a subsidiary of ATB Financial, was awarded the Thomson Reuters Lipper Fund Award for the Compass Conservative Balanced Fund Series A.
The Lipper award recognizes strong and consistent risk adjusted performance achieved by the fund, in the category of Canadian Fixed Income Balanced over three, five and ten-year performance periods. Over 80 funds competed in this category for 2017.
"We are honoured by this year's award, as it emphasizes the strengths of our investment process and is a testament to the team of investment experts we have in place to steward the savings of Albertans," said Chris Turchansky, president of ATB Investor Services.
"Strong risk adjusted returns combined with our advisors unwavering commitment to put client interests first; helps to bring clients aspirations closer and happiness deeper."
Underpinning a record of investment distinction, ATB Investment Management Inc. won a Lipper award for Best Mix Assets Fund Group in 2012, 2013 and 2014. Individual fund accolades were also awarded in:
- Canadian Fixed Income Balanced ten year category for 2016
- Canadian Fixed Income Balanced three and ten year category for 2014
- Canadian Fixed Income Balanced five year category for 2013
For this year's full list of winners, please visit the Lipper Canada Fund Awards website.
About Thomson Reuters Lipper Fund Awards
The Thomson Reuters Lipper Fund Awards have honored funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers. Individual classifications of three-, five-, and ten-year periods, as well as fund families with high average scores for the three-year period are recognized.
Compass Conservative Balanced Fund was awarded the 2017 Thomson Reuters, Lipper Fund Award in the Canadian Fixed Income Balanced category for the three, five and ten year period ending July 31, 2017 out of a total of 82 funds. The Lipper Fund Awards, granted annually, are part of the Thomson Reuters Awards for Excellence awarded by Lipper, Inc. and highlight funds that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Lipper Fund Awards are based on the Lipper Ratings for Consistent Return, which is a risk-adjusted performance measure calculated over 36, 60 and 120 month periods. The highest 20% of funds in each category are named Lipper Leaders for Consistent Return and receive a score of 5, the next 20% receive a score of 4, the middle 20% are scored 3, the next 20% are scored 2 and the lowest 20% are scored 1. The highest Lipper Leader for Consistent Return in each category wins the Lipper Fund Award. Lipper Leader ratings change monthly. For more information, see lipperleaders.com. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper. Performance for the fund for the period ended July 31, 2017 is [as follows: 4.01% (1 year), 4.50% (3 years), 6.90% (5 years), 5.73% (10 years) and 6.02% (since inception on [December 11, 2012])]. The corresponding Lipper Leader ratings of the fund for the same period are as follows: N/A (1 year), 5 (3 years), 5 (5 years), 5 (10 years). Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
About ATB Investment Management Inc.
ATB Investment Management Inc. manages the Compass Portfolio Series and ATBIS Pools, and is the asset management division for ATB Financial. For more information please visit compassportfolios.com. ATB Investment Management Inc., ATB Securities Inc. (Member, Investment Industry Regulatory Organization of Canada; Member, Canadian Investor Protection Fund) and ATB Insurance Advisors Inc. are wholly owned subsidiaries of ATB Financial and operate under the tradename ATB Investor Services. ATB Financial is a registered trademark of Alberta Treasury Branches.
About ATB Financial
With assets of $48.6 billion, ATB Financial is Alberta's largest home-grown financial institution. Established in 1938, ATB is a network of 173 branches, 143 agencies, a Customer Care Centre, two Entrepreneur Centres, along with mobile and online banking. ATB's more than 5,000 team members help more than 730,000 customers in 247 Alberta communities.
SOURCE ATB Financial
For further information: Michelle Stead, ATB Financial, 587-987-4213, firstname.lastname@example.org
With assets of $51.9 billion, ATB Financial is Alberta’s largest home-grown financial institution. Established in 1938, ATB is a network of 175 branches, 141 agencies, a Customer Care Centre, four Entrepreneur Centres, along with mobile and online banking. ATB’s more than 5,000 team members help more than 750,000 customers in 247 Alberta communities..