Seven funds awarded the prestigious FundGrade
A+® Rating
TORONTO, Jan. 25, 2019 /CNW/ - TD Asset Management Inc.
(TDAM), the manager of TD Mutual Funds, is pleased to announce that
multiple TD Mutual Funds received recognition at the 2018 Fundata
FundGrade A+® Awards given out in Toronto last night.
Many of the funds recognized this year were also winners last
year. The awards span 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 Dow Jones
Industrial AverageSM Index Fund
|
U.S.
Equity
|
849
|
1/31/2009
|
12/31/2018
|
TD Global
Entertainment & Communications Fund
|
Global
Equity
|
1,006
|
1/31/2009
|
12/31/2018
|
TD High Yield Bond
Fund
|
High Yield Fixed
Income
|
235
|
1/31/2009
|
12/31/2018
|
TD North American
Dividend Fund
|
North
American
Equity
|
48
|
1/31/2009
|
12/31/2018
|
TD Tactical Monthly
Income Fund
|
Tactical
Balanced
|
200
|
1/31/2013
|
12/31/2018
|
TD U.S. Blue Chip
Equity Fund
|
U.S.
Equity
|
849
|
1/31/2009
|
12/31/2018
|
TD U.S. Mid-Cap
Growth Fund
|
U.S. Small/Med Cap
Equity
|
172
|
1/31/2009
|
12/31/2018
|
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 ("SPDJI"), and has been licensed for use by TDAM.
Standard & Poor's® and S&P® are registered trademarks of
Standard & Poor's Financial Services LLC ("S&P"); DJIA®,
The Dow®, Dow Jones® and Dow Jones Industrial Average are
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. TD Dow Jones Industrial
AverageSM Index Fund is not sponsored, endorsed, sold or
promoted by SPDJI, Dow Jones, S&P, any of their respective
affiliates (collectively, "S&P Dow Jones Indices"). S&P Dow
Jones Indices makes no representation or warranty, express or
implied, to the owners of the TD Dow Jones Industrial
AverageSM Index Fund or any member of the public
regarding the advisability of investing in securities generally or
in TD Dow Jones Industrial AverageSM Index Fund
particularly or the ability of the Dow Jones Industrial Average to
track general market performance. S&P Dow Jones Indices' only
relationship to TDAM with respect to the Dow Jones Industrial
Average is the licensing of the Index and certain trademarks,
service marks and/or trade names of S&P Dow Jones Indices or
its licensors. The Dow Jones Industrial Average is determined,
composed and calculated by S&P Dow Jones Indices without regard
to TDAM or the TD Dow Jones Industrial AverageSM Index
Fund. S&P Dow Jones Indices have no obligation to take the
needs of TDAM or the owners of TD Dow Jones Industrial
AverageSM Index Fund into consideration in determining,
composing or calculating the Dow Jones Industrial Average. S&P
Dow Jones Indices is not responsible for and has not participated
in the determination of the prices, and amount of TD Dow Jones
Industrial AverageSM Index Fund or the timing of the
issuance or sale of TD Dow Jones Industrial AverageSM
Index Fund or in the determination or calculation of the equation
by which TD Dow Jones Industrial AverageSM Index Fund is
to be converted into cash, surrendered or redeemed, as the case may
be. S&P Dow Jones Indices has no obligation or liability in
connection with the administration, marketing or trading of TD Dow
Jones Industrial AverageSM Index Fund. There is no
assurance that investment products based on the Dow Jones
Industrial Average will accurately track index performance or
provide positive investment returns. S&P Dow Jones Indices LLC
is not an investment advisor. Inclusion of a security within an
index is not a recommendation by S&P Dow Jones Indices to buy,
sell, or hold such security, nor is it considered to be investment
advice. Notwithstanding the foregoing, CME Group Inc. and its
affiliates may independently issue and/or sponsor financial
products unrelated to TD Dow Jones Industrial AverageSM
Index Fund currently being issued by TDAM, but which may be similar
to and competitive with TD Dow Jones Industrial
AverageSM Index Fund. In addition, CME Group Inc. and
its affiliates may trade financial products which are linked to the
performance of the Dow Jones Industrial Average.
S&P DOW JONES INDICES DOES NOT GUARANTEE THE ADEQUACY,
ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE DOW JONES
INDUSTRIAL AVERAGE OR ANY DATA RELATED THERETO OR ANY
COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN
COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT
THERETO. S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY
DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN.
S&P DOW JONES INDICES MAKES NO EXPRESS OR IMPLIED WARRANTIES,
AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR
FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE
OBTAINED BY TDAM, OWNERS OF THE TD DOW JONES INDUSTRIAL AVERAGESM
INDEX FUND, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE DOW
JONES INDUSTRIAL AVERAGE OR WITH RESPECT TO ANY DATA RELATED
THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT
WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY
INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES
INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST
TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBLITY
OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR
OTHERWISE. THERE ARE NO THIRD PARTY BENEFICIARIES OF ANY AGREEMENTS
OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND TDAM OTHER
THAN THE LICENSORS OF S&P DOW JONES INDICES.
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 $366.9
billion in assets as at December 31,
2018. Assets under management include TD Asset Management
Inc., TDAM USA Inc., Epoch
Investment Partners Inc. (Epoch) and TD Greystone Asset Management.
TD Greystone Asset Management represents Greystone Managed
Investments Inc., a wholly-owned subsidiary of Greystone Capital
Management Inc. All entities are wholly-owned subsidiaries of The
Toronto-Dominion Bank.
SOURCE TD Asset Management Inc.