Montreal, November 12, 2014 – Gestion FÉRIQUE is pleased to announce that it once again won a prize at the annual Lipper Fund Awards on November 5, 2014. These awards recognize the funds that have excelled delivering higher risk-adjusted returns and the highest level of stability for the periods mentioned ending July 31, 2014.
This year, FÉRIQUE Asian Fund took home top honours as the best fund (out of 15 funds) over the five-year period in the"Asia Pacific Equity" category. “The fact that this Fund has seen relatively lower volatility and higher average returns over this period is quite in line with our investment philosophy which aims to produce consistent long-term returns with a reasonable risk level to help our investors to achieve their investment objectives," said Fabienne Lacoste, CFA, President and CEO of Gestion FÉRIQUE. “We are delighted that the quality of our products is recognized by the industry."
Gestion FÉRIQUE's unique business model, which reinvests all profits for the sole benefit of its clients, ensures that FÉRIQUE Funds have one of the most advantageous fee structures in Canada, allowing investors to receive a larger share of their portfolio's performance.
As of July 31, 2014, FÉRIQUE Asian Fund's management expense ratio (MER) stood at 1.15% while other funds in the same category had a median MER of 2.55% (source: PALTrak survey, owned by Morningstar Research Inc., as of July 31, 2014). For more information about this Fund, please visit www.ferique.com.
Founded on October 12, 1999, Gestion FÉRIQUE (www.ferique.com) is the manager of 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 11 mutual funds diversified across all asset classes. Management of the Funds is entrusted to renowned investment firms, handpicked by Gestion FÉRIQUE based on their asset class expertise. FÉRIQUE Funds have more than $2 billion in assets under management and approximately 22,000 clients.
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. The Thomson Reuters Awards for Excellence also include the Extel Survey Awards, StarMine Analyst Awards and StarMine Broker Rankings. For more information, please contact email@example.com or visit excellence.thomsonreuters.com.
FÉRIQUE Asian Fund was awarded the 2014 Lipper Fund Award in the Asia Pacific Equity Fund category for the five-year period ending July 31, 2014 out of a total of 15 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 the fund for the period ended December 31, 2014 is as follows: 8.0% (1 year), 14.5% (3 years), 7.2% (5 years), 4.6% (10 years) and 6.6% (since inception on June 23, 2003. The corresponding Lipper Leader ratings of the fund for the same period are as follows: N/A (1 year), 5 (3 years), 4 (5 years), 3 (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 securityholder that would have reduced returns. Mutual funds are not guaranteed; their values change frequently and past performance may not be repeated. FÉRIQUE Funds are distributed by Services d’investissement FÉRIQUE, as Principal distributor.
Gestion FÉRIQUE and Services d’investissement FERIQUE may not be held liable for any inaccuracy or omission in the information provided and neither Gestion FÉRIQUE, Services d’investissement FERIQUE nor its employees or agents may be held liable for any damage that may have been caused directly or indirectly by the use of information contained in this document.