Mackenzie Investments recognized at Fundata Awards
TORONTO – January 22, 2016 – Mackenzie Financial Corporation (Mackenzie Investments) has been recognized for industry-leading fund performance at the prestigious Fundata FundGrade A+ Awards.
Mackenzie Canadian Growth Balanced Fund, Mackenzie Canadian Growth Fund, Mackenzie Ivy European Class and Mackenzie Ivy Foreign Equity Fund won for top performing funds in their respective categories.
“Congratulations to equity fund managers Dina DeGeer, David Arpin on the Mackenzie Canadian Growth Team and Paul Musson, Matt Moody, Robert McKee and Hussein Sunderji on the Mackenzie Ivy Team for their well-deserved recognition for excellence. These funds offer investors industry leading risk-adjusted performance and are trusted components of a solid investment portfolio,” said Jeff Carney, President and Chief Executive Officer of Mackenzie Investments.
The winners and categories are as follows:
|Canadian Equity Balanced||Mackenzie Canadian Growth Balanced Fund|
|Canadian Focused Equity||Mackenzie Canadian Growth Fund|
|European Equity||Mackenzie Ivy European Class|
|Global Equity||Mackenzie Ivy Foreign Equity Fund|
The Fundata FundGrade A+ Awards are presented annually to Canadian investment funds that achieve consistently high FundGrade scores through an entire calendar year.
The Fundata FundGrade A+ Awards are presented annually to Canadian investment funds that achieve consistently high FundGrade scores through an entire calendar year. In 2015, 213 top-performing Canadian mutual funds, exchange traded funds, and segregated funds from 45 fund companies were awarded a FundGrade A+ Rating. FundGrade A+ is a supplemental calculation to the FundGrade ratings and is performed at the end of each calendar year. Eligible funds must have received a FundGrade rating every month in the previous year. FundGrade A+ uses a “GPA-style” calculation, where monthly FundGrades from “A” to “E” receive scores 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 an A+ rating.
Performance for Mackenzie Canadian Growth Fund for the period ended December 31, 2015 is as follows: 14 % (1 year), 19 % (3 years), 11% (5 years), 7 % (10 years) and 10 % (since inception on January 30, 1976). Performance for Mackenzie Canadian Growth Balanced Fund for the period ended December 31, 2015 is as follows: 9 % (1 year), 14% (3 years), 8% (5 years), 6% (10 years) and 8% (since inception on November 28, 1996). Performance for Mackenzie Ivy European Class for the period ended December 31, 2015 is as follows: 16% (1 year), 13% (3 years), 10% (5 years), 7% (10 years) and 6% (since inception on November 8, 2002). Performance for Mackenzie Ivy Foreign Equity Fund for the period ended December 31, 2015 is as follows: 16% (1 year), 18% (3 years), 13% (5 years), 8% (10 years) and 8% (since inception on October 16, 1992).
For more information on the FundGrade rating system, visit their corporate website.
About Mackenzie Investments
Mackenzie Investments was founded in 1967, and is a leading investment management firm providing investment advisory and related services. With $61.7 billion in assets under management as at December 31, 2015, Mackenzie Investments distributes its investment services through multiple distribution channels to both retail and institutional investors. Mackenzie Investments is a member of the IGM Financial Inc. (TSX: IGM) group of companies. IGM Financial is one of Canada's premier financial services companies with over $133 billion in total assets under management as at December 31, 2015. For more information, visit mackenzieinvestments.com.
About Fundata Canada Inc.
Fundata Canada Inc. has been providing data aggregation and dissemination services to the Canadian media and financial marketplace since 1987. Fundata is a major provider in the distribution of fund and stock information in Canada. Our database contains data on over 31,000 investment products. Fundata provides customized data feeds, top-shelf analytics, cutting-edge software tools, and seamless hosted web solutions for fund companies, back office systems, investment planners, banks, trust companies, resellers and redistributors, and online, print, and broadcast media channels.
About the Fundata FundGrade A+ Rating
The FundGrade A+ Rating identifies funds that have been consistent FundGrade A-Grade performers over the past calendar year. It's the only objective rating system available in the market that's based solely on risk-adjusted performance history and that takes into account the consistency with which a fund is ranked at the top of its CIFSC class.