TD Asset Management Inc. recognized at the Annual Fundata FundGrade A+® Awards
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Eight funds awarded the prestigious FundGrade A+ Rating
TORONTO, Feb. 21, 2018 /CNW/ - TD Asset Management Inc. (TDAM) is pleased to announce that multiple TD Mutual Funds received award and recognition at the recent 2017 Fundata FundGradeA+® Awards, given out in Toronto earlier this year.
The awards span across a range of asset classes and demonstrate TDAM's commitment to delivering long-term investment solutions to clients.
The TD Mutual Funds that earned the FundGrade A+® Rating are:
Fund Name |
Canadian Investment |
Fund Count |
FundGrade |
FundGrade |
North American Equity |
44 |
1/31/2008 |
12/31/2017 | |
Global Equity |
838 |
1/31/2008 |
12/31/2017 | |
U.S. Small/Mid Cap |
135 |
1/31/2008 |
12/31/2017 | |
Tactical Balanced |
146 |
1/31/2013 |
12/31/2017 | |
U.S. Equity |
703 |
1/31/2014 |
12/31/2017 | |
High Yield Fixed |
251 |
1/31/2008 |
12/31/2017 | |
Canadian Neutral |
384 |
1/31/2008 |
12/31/2017 | |
TD Dow Jones Industrial |
U.S. Equity |
703 |
1/31/2008 |
12/31/2017 |
Note – Standard Performance can be found by clicking on the funds listed above or by visiting TDAssetManagement.com.
The Fundata FundGrade A+® Rating is awarded on an annual basis, and identifies funds which have generated strong risk-adjusted returns, calculated using a number of risk-adjusted performance ratios, relative to their peers. It also takes into account the consistency of the performance throughout the calendar year.
To learn more about TDAM's awards history, click here.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the fund facts and prospectus, which contain detailed investment information, before investing. Mutual funds are not guaranteed or insured, their values change frequently and past performance may not be repeated.
FundGrade A+® is used with permission from Fundata Canada Inc., all rights reserved. The annual FundGrade A+® Awards are presented by Fundata Canada Inc. to recognize the "best of the best" among Canadian investment funds. The FundGrade A+® calculation is supplemental to the monthly FundGrade ratings and is calculated at the end of each calendar year. The FundGrade rating system evaluates funds based on their risk-adjusted performance, measured by Sharpe Ratio, Sortino Ratio, and Information Ratio. The score for each ratio is calculated individually, covering all time periods from 2 to 10 years. The scores are then weighted equally in calculating a monthly FundGrade. The top 10% of funds earn an A Grade; the next 20% of funds earn a B Grade; the next 40% of funds earn a C Grade; the next 20% of funds receive a D Grade; and the lowest 10% of funds receive an E Grade. To be eligible, a fund must have received a FundGrade rating every month in the previous year. The FundGrade A+® uses a GPA-style calculation, where each monthly FundGrade from "A" to "E" receives a score from 4 to 0, respectively. A fund's average score for the year determines its GPA. Any fund with a GPA of 3.5 or greater is awarded a FundGrade A+® Award. For more information, see www.FundGradeAwards.com.
About TD Asset Management Inc.
TD Asset Management (TDAM), a member of TD Bank Group, is a North American investment management firm. Operating through TD Asset Management Inc. in Canada and TDAM USA Inc. in the U.S., TDAM brings new thinking to investors' most important challenges. TDAM offers investment solutions to corporations, pension funds, endowments, foundations and individual investors. Additionally, TDAM manages assets on behalf of almost 2 million retail investors and offers a broadly diversified suite of investment solutions including mutual funds, professionally managed portfolios and corporate class funds. Collectively, TDAM manages C$354.7 billion in assets as at December 31, 2017.
SOURCE TD Asset Management Inc.