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
Funds Standards
Committee (CIFSC)
Category
|
Fund
Count
|
FundGrade
Start Date
|
FundGrade
Calculation
Date
|
TD North American
Dividend
Fund – Investor Series
|
North American
Equity
|
44
|
1/31/2008
|
12/31/2017
|
TD Entertainment
&
Communications Fund –
Investor Series
|
Global
Equity
|
838
|
1/31/2008
|
12/31/2017
|
TD U.S. Mid-Cap
Growth Fund
– Investor Series
|
U.S. Small/Mid
Cap
Equity
|
135
|
1/31/2008
|
12/31/2017
|
TD Tactical Monthly
Income
Fund – Investor
Series
|
Tactical
Balanced
|
146
|
1/31/2013
|
12/31/2017
|
TD U.S. Low
Volatility Fund
– Investor Series
|
U.S.
Equity
|
703
|
1/31/2014
|
12/31/2017
|
TD High Yield Bond
Fund
– Investor Series
|
High Yield Fixed
Income
|
251
|
1/31/2008
|
12/31/2017
|
TD Monthly Income
Fund
– Investor Series
|
Canadian Neutral
Balanced
|
384
|
1/31/2008
|
12/31/2017
|
TD Dow Jones
Industrial
Average Index Fund U$ –
Investor Series
|
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.