Two FÉRIQUE Funds received the Fundata FundGrade A+ rating at the third annual "Evening of Excellence" on January 21 in Toronto, recognizing their excellent risk-adjusted performance for the year ending December 31, 2014.
Louis Lizotte, CFA, FRM, Senior Director, Investments
FÉRIQUE Fund Management
The FERIQUE American Fund uses a multi-adviser approach to invest primarily in every U.S. common stock class and category. The objective of the FERIQUE Balanced Fund, which uses a "fund of funds" approach, is to offer investors optimal exposure to all asset classes based on their risk tolerance. The approach for each Fund aims to provide investors with more stable, consistent returns over time.
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Their management expense ratios are, respectively, 1.05% and 0.95%, compared to 2.27% for the median of U.S. funds and 2.25% for the median of balanced funds1.
This is very positive news, which only adds to the list of 2014 honours for FÉRIQUE Funds - FERIQUE Asian Fund also took home top honours, receiving the Lipper Award for "Best Fund over the Five-Year Period" in the "Asia-Pacific equity fund" category.
Fundata's FundGrade is an independent and objective investment-fund rating system that recognizes funds with superior risk-adjusted returns. FundGrade provides a quick and easy approach for identifying funds with a track record of first-rate performance, helping investors identify exceptionally performing funds. From an "A" (superior past risk-adjusted performance) to an "E" grade (poor past risk-adjusted performance), this rating system assigns a grade to over 7,000 base investment funds.
The FundGrade A+ Rating identifies funds that have been consistent FundGrade A-Grade performers over the past calendar year. It’s an 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.
Mutual Funds and Segregated Funds have been graded separately. Pooled Funds and Hedge Funds are not included in the calculations.
For more information on the Fundata FundGrade and FundGrade A+ rating system please visit www.fundgradeawards.com.
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. The database contains data on over 28,000 investment fund 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.
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.
1 FÉRIQUE: management expense ratios as of December 31, 2014
INDUSTRY: median management expense ratios of all comparable funds in Canada according to PALTrak (Morningstar Research Inc.), as of December 31, 2014.