MONTREAL, Feb. 14, 2012 /CNW Telbec/ - For the second year in a row, Gestion FÉRIQUE has stood out by winning a Lipper Award for the performance of its FÉRIQUE EQUITY Fund (best Canadian Equity Fund over 5 years), in addition to winning a second Lipper Award highlighting its FÉRIQUE BOND Fund's performance (best Canadian fixed income fund over 1-year).
Lipper Fund Awards recognize funds that deliver more consistent, above-average returns than their peers for a given period. Funds are ranked according to their risk-adjusted returns. The Award goes to the fund that has, in this respect, outperformed all other funds in the same class.
"The fact that our EQUITY and BOND Funds see lower volatility and above-average returns for the periods in question is fully in line with our investment philosophy, which aims to provide consistent, long-term performance with a reasonable level of risk," said Fabienne Lacoste, Executive Director of Gestion FÉRIQUE. "We are delighted that the quality of our products has been recognized by the industry for the second year in a row," added Ms. Lacoste.
FÉRIQUE Funds, which are available from Gestion FÉRIQUE, a not-for-profit organization, come with one of the most cost-effective fee structures in Canada, providing investors with a greater share of their portfolio performance.
As at December 31, 2011, the management expense ratios for the FÉRIQUE EQUITY and BOND Funds were, respectively, 0.75% and 0.52%. The average for Canadian funds in the same category was 2.39% for Canadian equity funds and 1.54% for fixed income funds. Both Funds rely on a multi-manager approach that aims to offer investors maximum exposure to different sectors in the Canadian market and diverse management styles.
About Gestion FÉRIQUE
Founded on January 1, 2000, Gestion FÉRIQUE (www.ferique.com) is manager of the FÉRIQUE Funds, launched in 1974 by the Ordre des ingénieurs du Québec. FÉRIQUE is the only not-for-profit mutual fund company in Canada whose sole purpose is to serve the interests of engineers, engineering graduates and their families. The firm offers 10 mutual funds diversified across all asset classes. Management of the funds is entrusted to renowned investment firms which are hand-picked by Gestion FÉRIQUE, based on their superior asset class expertise. FÉRIQUE Funds have $1.5 billion in assets under management and over 21,000 clients.
About the Lipper Awards
The Lipper Fund Awards are formally announced each year at ceremonies which take place in 23 countries in Asia, Europe, MENA, and the Americas. The Lipper Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community. The Thomson Reuters Awards for Excellence recognize the world's top funds, fund management firms, sell-side firms, research analysts, and investor relations teams. For more information, please contact [email protected] or visit excellence.thomsonreuters.com.
For further information:
Manon Duhamel, Gestion FÉRIQUE, 514-840-9206, ext. 450, [email protected].