TORONTO, Jan.12, 2016 /CNW/ - Fundata Canada Inc. is pleased to announce the fourth annual Fundata FundGrade A+ Awards "Evening of Excellence." The invitation-only awards presentations will take place on January 21, 2016, at the Terrace Room of the Gardiner Museum in Toronto. This year's featured speaker is Joanne De Laurentiis, President and CEO of industry advocacy and policy organization The Investment Funds Institute of Canada.
The Fundata FundGrade A+ Awards are presented annually to Canadian investment funds that achieve consistently high FundGrade scores through an entire calendar year. In 2015, 225 top-performing Canadian mutual funds, exchange traded funds, and segregated funds from 56 fund companies were awarded a FundGrade A+ Rating.
Janny Vincent, President and CEO of Fundata Canada Inc., said, "This year's FundGrade A+ Awards event once again honours outstanding performance and management, bringing distinctive recognition to Canada's very best investment funds of 2015.
"With some $1.23 trillion in mutual fund assets under management, and another $88 billion in exchange-traded funds, Canadian investment funds continue to be a foundation of Canadian investment portfolios," said Ms. Vincent. According to the Investment Funds Institute of Canada, 31% of Canadians' financial wealth is devoted to mutual fund investments. "Because investment funds are a key component of wealth management, investors, advisors, and institutions demand reliable data analytics and objective ratings to help them make informed investment decisions," she added. "Fundata is very pleased to present the annual FundGrade A+ Awards as the industry gold standard of outstanding investment fund achievement."
For more information on the Fundata FundGrade A+ Awards "Evening of Excellence," please visit http://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 30,000 investment 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
The 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.
SOURCE Fundata Canada Inc.
Image with caption: "Fundata Canada Inc. (CNW Group/Fundata Canada Inc.)". Image available at: http://photos.newswire.ca/images/download/20160112_C5977_PHOTO_EN_590552.jpg
For further information: Reid Baker, Director, Data Analytics, Phone: 416-445-5443 ext. 240, [email protected]