TORONTO, Jan. 25, 2021 /CNW/ - For the ninth year in
a row, several mutual funds managed by TD Asset Management Inc.
(TDAM) were recognized at the annual Fundata FundGrade
A+® Awards, with six TD Mutual Funds winning in
their respective categories at the 2020 awards, announced
Friday, January 22.
Four of the six award-winning funds are repeat winners in their
respective categories as leading funds, demonstrating the
commitment at TDAM to delivering exceptional long-term investment
solutions to clients.
"On behalf of our entire investment management team, I want to
thank Fundata for recognizing multiple TD Mutual Funds, across
several categories, at the 2020 FundGrade A+ Awards," said
Robert Vanderhooft, Chief Investment
Officer at TDAM. "Being acknowledged is always a great honour and
this recognition reflects the dedication and expertise of our
diverse investment teams, and our strong relationship with
sub-advisor T. Rowe Price,"
Vanderhooft added. "I also want to thank advisors and investors for
their continued confidence in our innovative solutions."
Each of the following TD Mutual Funds was recognized for
providing attractive risk-adjusted returns relative to industry
peers, across one or more performance periods:
Fund
Name
|
CIFSC
Category
|
Fund
Count
|
FundGrade
Start Date
|
Fundgrade
Calculation
Date
|
TD Global
Entertainment & Communications Fund*
|
Global
Equity
|
1223
|
1/31/2011
|
12/31/2020
|
TD U.S. Blue Chip
Equity Fund*
|
U.S.
Equity
|
888
|
1/31/2011
|
12/31/2020
|
TD U.S. Mid-Cap
Growth Fund*
|
U.S. Small/Med Cap
Equity
|
154
|
1/31/2011
|
12/31/2020
|
TD U.S. Monthly
Income Fund - C$
|
Global Neutral
Balanced
|
949
|
1/31/2014
|
12/31/2020
|
TD Managed Index
Income Portfolio**
|
Canadian Fixed Income
Balanced
|
365
|
1/31/2011
|
12/31/2020
|
TD Balanced Growth
Fund
|
Canadian Equity
Balanced
|
284
|
1/31/2011
|
12/31/2020
|
*Sub-advised by T. Rowe Price Associates, Inc.
**New winner for 2020
Note: Standard Performance can be found by clicking on the funds
listed above or by visiting TDAssetManagement.com.
The FundGrade A+® rating is used with permission
from Fundata Canada Inc., all rights reserved. Fundata is a leading
provider of market and investment funds data to the Canadian
financial services industry and business media. The Fund-Grade
A+® rating identifies funds that have consistently
demonstrated the best risk-adjusted returns throughout an entire
calendar year. For more information on the rating system, please
visit www.Fundata.com/ProductsServices/FundGrade.aspx.
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. Although Fundata makes every effort to
ensure the accuracy and reliability of the data contained herein,
the accuracy is not guaranteed by Fundata.
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.
TD Mutual Funds and the TD Managed Assets Program portfolios are
managed by TD Asset Management Inc., a wholly-owned subsidiary of
The Toronto-Dominion Bank, and are available through authorized
dealers.
All trademarks are the property of their respective owners.
® The TD logo and other trademarks are the property of The
Toronto-Dominion Bank or its subsidiaries.
TD Asset Management Inc.
TD Asset Management Inc.
(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. Asset
management businesses at TD manage $407
billion in assets as of December 31,
2020. Assets under management include TD Asset Management
Inc., TDAM USA Inc. and Epoch
Investment Partners Inc. (Epoch). All entities are wholly-owned
subsidiaries of The Toronto-Dominion Bank.
SOURCE TD Asset Management Inc.