Trimark co-founder receives Career Achievement Award
TORONTO, Nov. 29, 2012 /CNW/ - Invesco Canada took top honours in two categories at the 18th annual Morningstar Canadian Investment Awards and Gala held last night in Toronto. These awards are designed to help identify fund managers that have added the greatest value for investors. The winning funds were:
- Trimark U.S. Companies Fund - Best U.S. Equity Fund
- Trimark U.S. Small Companies Class - Best U.S. Small/Mid Cap Equity Fund
In the past 10 years, Trimark's small cap team currently comprised of Rob Mikalachki, Jason Whiting and Virginia Au, has garnered 11 separate awards, including 6 Canadian Investment Awards1 and 5 Lipper Canada Awards2, recognizing the team's outstanding performance.
"It's always gratifying to be recognized for strong performance; we are very proud to receive this prestigious award," said Mr. Mikalachki, head of small-cap equities with Trimark Investments.
Arthur Labatt honoured
Invesco Canada congratulates Trimark co-founder Arthur Labatt, who was presented with the Career Achievement Award at last night's gala. Trimark was founded in 1981, a time when equity investors faced formidable headwinds; the economy was in recession and interest rates were nearly 20%.
Despite these challenges, Labatt and his fellow co-founders built the company into one of Canada's premier asset managers, thanks to an investment discipline that buys only top-quality companies, trading at a discount.
The Trimark discipline remains in place today as part of Invesco Canada.
The company is also pleased to be a finalist in seven additional categories, including:
- Best Fund of Funds/Wrap - Invesco Intactive
- Best Canadian Small/Mid Cap Equity category - Trimark Canadian Small Companies Fund
- Best Global Equity Fund category -Trimark Global Endeavour Fund
- Best Global Small/Mid Cap Equity Fund category- Trimark Global Small Companies Class
- Best International Equity Fund category - Invesco International Growth Fund
- Best Use of Technology category - Invesco Canada's iPad App
- Best Canadian Investment Marketing Award - Invesco Intactive
"For over 30 years, we have been committed to providing investors with a disciplined approach to investing that puts long-term performance first," said Peter Intraligi, President of Invesco Canada. "These awards are a welcome recognition of that commitment."
1 2005 Trimark U.S. Small Companies Class - Best U.S. Small Mid-cap Equity Fund, 2006 Trimark U.S. Small Companies Class - Best U.S Small Mid-cap Equity Fund, 2007 Trimark US Small Companies Class -Best U.S Small Mid-cap Equity Fund, 2009 Trimark U.S Small Companies Class - Best U.S Small Mid-cap Equity Fund, 2011 Trimark U.S. Small Companies Class - Best U.S Small Mid-cap Equity Fund
2 2007 Trimark U.S. Small Companies Class - Best U.S. Small Mid-Cap Equity Fund (3 year), 2012 Trimark U.S. Small Companies Class- Best U.S. Small Mid-cap Equity Fund (1 year), 2012 Trimark U.S. Small Companies Class- Best U.S Small Mid-cap Equity Fund (3 year); 2012 Trimark Canadian Small Companies Fund- Best Canadian Focused Small Mid-cap Equity Fund (1 year); 2012 Trimark Global Small Companies - Best Global Small Mid-cap Equity Fund (1 year)
Commissions, trailing commissions, management fees and expenses may all be associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Please read the simplified prospectus before investing. Copies are available from your advisor or Invesco Canada Ltd.
Invesco Canada Ltd., operating under three distinct yet complementary product brands (Trimark, Invesco and PowerShares), is one of Canada's largest investment management companies. A subsidiary of Invesco Ltd., Invesco Canada offers a diversified suite of investment solutions to institutions, organizations, companies and individual investors across Canada and around the world. Invesco Ltd. is a leading independent global investment management firm dedicated to helping investors worldwide achieve their financial objectives. By delivering the combined power of our distinctive investment management capabilities, Invesco provides a wide range of investment strategies and vehicles to our retail, institutional and high-net-worth clients around the world. Operating in more than 20 countries, the firm is listed on the New York Stock Exchange under the symbol IVZ. Additional information is available at www.invesco.com.
Invesco is a registered business name of Invesco Canada Ltd.
*Invesco® and all associated trademarks are trademarks of Invesco Holding Company Limited, used under licence. Trimark®, Knowing Pays® and all associated trademarks are trademarks of Invesco Canada Ltd.
© Invesco Canada Ltd., 2012
Morningstar Research Inc. is a Canadian subsidiary of Chicago-based Morningstar, Inc., a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for individuals, financial advisors, and institutions. Morningstar provides data on more than 385,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 8 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its registered investment advisor subsidiaries and has approximately $195 billion in assets under advisement or management as of Sept. 30, 2012. The company has operations in 27 countries.
The Lipper Fund Awards recognize funds that have excelled in delivering consistently strong risk-adjusted performance, relative to peers. In addition, the Lipper Fund Awards recognizes fund families with high average scores for all funds within a particular asset class or overall. The calculation periods extend over 12, 36, 60, and 120 months and ends at October-end of the respective evaluation year. Statuettes are awarded to winning funds over three years within the 20 largest classifications according to assets under management. The Lipper Leader Methodology is subject to change every month. More information is available at www.lipperweb.com.
SOURCE: Invesco Canada Ltd.
For further information:
Vice President, Corporate Affairs