Eight funds awarded the prestigious FundGrade
A+® Rating
TORONTO, Jan. 24, 2020 /CNW/ - TD Asset Management Inc.
(TDAM), the manager of TD Mutual Funds, is pleased to announce that
several TD Mutual Funds across multiple Canadian Investment Funds
Standards Committee (CIFSC) Categories received recognition at the
2019 Fundata FundGrade A+® Awards in Toronto last night.
Six of our eight award winning funds are repeat winners in their
respective categories, demonstrating TDAM's commitment to
delivering exceptional long-term investment solutions to
clients.
The TD Mutual Funds that earned the FundGrade A+® Rating
are:
Fund
Name
|
CIFSC
Category
|
Fund
Count
|
FundGrade
Start Date
|
FundGrade
Calculation
Date
|
TD Canadian Low
Volatility Fund*
|
Canadian
Equity
|
429
|
1/31/2015
|
12/31/2019
|
TD Global
Entertainment & Communications Fund
|
Global
Equity
|
1100
|
1/31/2010
|
12/31/2019
|
TD North American
Dividend Fund
|
North American
Equity
|
56
|
1/31/2010
|
12/31/2019
|
TD Tactical Monthly
Income Fund
|
Tactical
Balanced
|
211
|
1/31/2013
|
12/31/2019
|
TD U.S. Blue Chip
Equity Fund
|
U.S.
Equity
|
883
|
1/31/2010
|
12/31/2019
|
TD U.S. Mid-Cap
Growth Fund
|
U.S. Small/Med Cap
Equity
|
196
|
1/31/2010
|
12/31/2019
|
TD U.S. Monthly
Income Fund - C$*
|
Global Neutral
Balanced
|
899
|
1/31/2014
|
12/31/2019
|
TD Dow Jones
Industrial AverageSM Index
Fund - US$
|
U.S.
Equity
|
883
|
1/31/2010
|
12/31/2019
|
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.
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. Although Fundata makes every effort to
ensure the accuracy and reliability of the data contained herein,
the accuracy is not guaranteed by Fundata.
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.
The "Dow Jones Industrial Average" is a product of S&P Dow
Jones Indices LLC, a division of S&P Global, or its affiliates
("SPDJI"), and has been licensed for use by TD Asset Management
Inc. ("TDAM"). Standard & Poor's®, S&P® and S&P 500®
are registered trademarks of Standard & Poor's Financial
Services LLC, a division of S&P Global ("S&P"); Dow Jones®,
Dow Jones Industrial Average® and DJIA® are registered trademarks
of Dow Jones Trademark Holdings LLC ("Dow Jones"); and these
trademarks have been licensed for use by SPDJI and sublicensed for
certain purposes by TDAM. The TD Dow Jones Industrial Average Index
Fund is not sponsored, endorsed, sold or promoted by SPDJI, Dow
Jones, S&P or their respective affiliates, and none of such
parties make any representation regarding the advisability of
investing in the TD Dow Jones Industrial Average Index Fund nor do
they have any liability for any errors, omissions, or interruptions
of the Dow Jones Industrial Average.
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. Asset
management businesses at TD manage $394
billion in assets as at December 31,
2019. 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.