TORONTO, Nov. 8, 2018 /CNW/ - Dynamic Funds was recognized at the 2018 Thomson Reuters Lipper Fund Awards for a number of funds in its line-up. These awards recognize funds for their consistently strong risk-adjusted performance relative to their peers.
Fund |
Periods recognized |
Portfolio Manager |
Dynamic European Equity Fund |
3 years |
Benjamin Zhan |
Dynamic Global Infrastructure Fund |
3 and 5 years |
Frank Latshaw, Oscar Belaiche |
Dynamic Precious Metals Fund |
3 and 5 years |
Robert Cohen |
DMP Resource Class |
3 years |
Jennifer Stevenson, Robert Cohen |
"We are deeply committed to helping our clients protect and grow their life savings – which is why these awards are such an honour. Congratulations to our dedicated investment management team for this fantastic achievement," said Glen Gowland, President & CEO, Dynamic Funds.
About Dynamic Funds
Dynamic Funds is a division of 1832 Asset Management L.P., which offers a range of wealth management solutions, including mutual funds, investment solutions for private clients, institutional clients and managed asset programs. 1832 Asset Management L.P. is a limited partnership, the general partner of which is wholly owned by Scotiabank. ® Dynamic Funds is a registered trademark of its owner, used under license.
About the Lipper Fund Awards
Dynamic European Equity Fund, Series A was awarded the 2018 Lipper Fund Award in the European Equity category for the three year period ending July 31, 2018 out of a total of 24 funds. Dynamic Global Infrastructure Fund, Series A was awarded the 2018 Lipper Fund Award in the Global Infrastructure Equity category for the three- and five-year periods ending July 31, 2018 out of a total of 13 funds and 10 funds, respectively. Dynamic Precious Metals Fund, Series A was awarded the 2018 Lipper Fund Award in the Precious Metals Equity category for the three- and five-year periods ending July 31, 2018 out of a total of 12 funds. DMP Resource Class, Series A, was awarded the 2018 Lipper Fund Award in the Natural Resources Equity category for the three year period ending July 31, 2018 out of a total of 29 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 www.lipperweb.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 Dynamic European Equity Fund, Series A for the period ended September 30, 2018 is as follows: 4.88% (1 year), 10.34% (3 years), 9.64% (5 years), 8.46% (10 years) and 5.22% (since inception June 1989). The corresponding Lipper Leader ratings of the fund for the period ending July 31, 2018 are as follows: N/A (1 year), 5 (3 years), 4 (5 years), 2 (10 years).
Performance for Dynamic Global Infrastructure Fund, Series A for the period ended September 30, 2018 is as follows: 1.45% (1 year), 7.69% (3 years), 9.35% (5 years), 9.25% (10 years) and 6.94% (since inception July 2007). The corresponding Lipper Leader ratings of the fund for the period ending July 31, 2018 are as follows: N/A (1 year), 5 (3 years), 4 (5 years), 3 (10 years).
Performance for Dynamic Precious Metals Fund, Series A for the period ended September 30, 2018 is as follows: -10.59% (1 year), 16.27% (3 years), 9.82% (5 years), 2.97% (10 years) and 5.80% (since inception January 1984). The corresponding Lipper Leader ratings of the fund for the period ending July 31, 2018 are as follows: N/A (1 year), 5 (3 years), 5 (5 years), 3 (10 years).
Performance for DMP Resource Class, Series A, for the period ended September 30, 2018 is as follows: 5.62% (1 year), 22.74% (3 years), 4.23% (5 years), -3.27 (10 years) and 2.94% (since inception November 2000). The corresponding Lipper Leader ratings of the fund for the period ending July 31, 2018 are as follows: N/A (1 year), 4 (3 years), 5 (5 years), 4 (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.
SOURCE Dynamic Funds
please contact: Customer Relations Centre, 1-800-268-8186, www.dynamic.ca; For media enquiries only: Alexandra Mathias, Canadian Banking Communications, [email protected], 647-537-8036
Share this article