TORONTO, Jan. 25, 2019 /CNW/ - Dynamic Funds announced today that it has won 23 2018 FundGrade A+® Awards – more than any other year since the awards debuted in 2013. The annual FundGrade A+ Awards are presented by Fundata Canada Inc. to investment funds and their managers who have shown consistent, outstanding, risk-adjusted performance throughout the previous calendar year.
"We are honoured to receive such a significant number of FundGrade A+ awards this year. We have an unwavering commitment to help our clients protect and grow their life savings – and this recognition is testament to that. Congratulations to our investment management team for these exceptional results," said Glen Gowland, President & CEO, Dynamic Funds.
Dynamic Funds' award-winning funds for 2018 are:
Fund |
CIFSC Category |
Fund |
FundGrade Start Date* |
Dynamic Asset Allocation Private Pool |
Tactical Balanced |
200 |
1/31/2016 |
Dynamic Blue Chip U.S. Balanced Class |
Global Neutral Balanced |
789 |
1/31/2012 |
Dynamic Conservative Yield Private Pool |
Global Fixed Income Balanced |
310 |
1/31/2016 |
Dynamic Dividend Fund |
Canadian Dividend & Income Equity |
371 |
1/31/2009 |
Dynamic Equity Income Fund |
Canadian Dividend & Income Equity |
371 |
1/31/2009 |
Dynamic European Equity Fund |
European Equity |
119 |
1/31/2009 |
Dynamic Financial Services Fund |
Financial Services Equity |
49 |
1/31/2009 |
Dynamic Global Asset Allocation Fund |
Global Equity Balanced |
692 |
1/31/2009 |
Dynamic Global Balanced Fund |
Global Neutral Balanced |
789 |
1/31/2014 |
Dynamic Global Dividend Fund |
Global Equity |
1,006 |
1/31/2009 |
Dynamic Global Equity Private Pool Class |
Global Equity |
1,006 |
1/31/2016 |
Dynamic Global Infrastructure Fund |
Global Infrastructure Equity |
59 |
1/31/2009 |
Dynamic Global Yield Private Pool |
Global Neutral Balanced |
789 |
1/31/2016 |
Dynamic Power Global Balanced Class |
Global Neutral Balanced |
789 |
1/31/2009 |
Dynamic Precious Metals Fund |
Precious Metals Equity |
37 |
1/31/2009 |
Dynamic Preferred Yield Class |
Preferred Share Fixed Income |
35 |
1/31/2014 |
Dynamic Strategic Resource Class |
Natural Resources Equity |
88 |
1/31/2012 |
Dynamic Tactical Bond Private Pool |
Canadian Fixed Income |
316 |
1/31/2016 |
Dynamic Total Return Bond Fund |
Canadian Fixed Income |
316 |
1/31/2011 |
DynamicEdge Balanced Growth Portfolio |
Global Neutral Balanced |
789 |
1/31/2009 |
DynamicEdge Conservative Class Portfolio |
Global Fixed Income Balanced |
310 |
1/31/2013 |
DynamicEdge Growth Portfolio |
Global Equity Balanced |
692 |
1/31/2009 |
Marquis Balanced Income Portfolio |
Global Neutral Balanced |
789 |
1/31/2009 |
* The end date for the FundGrade calculation is December 31, 2018. |
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 Fundata FundGrade A+® Awards
FundGrade A+® is used with permission from Fundata Canada Inc., all rights reserved. The annual FundGrade A+® Awards are presented by Fundata Canada Inc. to recognize the "best of the best" among Canadian investment funds. The FundGrade A+® calculation is supplemental to the monthly FundGrade ratings and is calculated at the end of each calendar year. The FundGrade rating system evaluates funds based on their risk-adjusted performance, measured by Sharpe Ratio, Sortino Ratio, and Information Ratio. The score for each ratio is calculated individually, covering all time periods from 2 to 10 years. The scores are then weighted equally in calculating a monthly FundGrade. The top 10% of funds earn an A Grade; the next 20% of funds earn a B Grade; the next 40% of funds earn a C Grade; the next 20% of funds receive a D Grade; and the lowest 10% of funds receive an E Grade. To be eligible, a fund must have received a FundGrade rating every month in the previous year. The FundGrade A+® uses a GPA-style calculation, where each monthly FundGrade from "A" to "E" receives a score from 4 to 0, respectively. A fund's average score for the year determines its GPA. Any fund with a GPA of 3.5 or greater is awarded a FundGrade A+® Award. For more information, see www.FundGradeAwards.com. Although Fundata makes every effort to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Fundata. FundGrade ratings are subject to change every month.
For standard performance data of the funds listed above, click here. Commissions, trailing commissions, management fees and expenses all may be associated with investments in the funds. Please read the prospectus before investing. Investments in the funds are not guaranteed; their values change frequently and past performance may not be repeated.
SOURCE Dynamic Funds
Customer Relations Centre, 1-800-268-8186, www.dynamic.ca; For media enquiries only: Alexandra Mathias, Canadian Banking Communications, Scotiabank, [email protected], 416-933-8802
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