Two funds recognized for 2018 performance
Montreal, January 24, 2019 - Every year since 2013, Fundata Canada Inc. has hosted an Evening of Excellence to acknowledge investment funds that have maintained an exceptional performance rating over the entire previous calendar year. The awards have become a highly prized achievement in the Canadian investment funds industry.
For 2018, the Desjardins Overseas Equity Growth Fund and the DFS GIF - International Equity Growth - Desjardins fund (Helios) have each received FundGrade A+ awards.
"These awards demonstrate the commitment we've made to create exceptional funds for members and clients in a challenging and changing business environment. I'd like to take this opportunity to thank our members and clients for their trust," said Jean-François Girard, manager of mutual fund and guaranteed investment development at Desjardins.
Desjardins Funds are not guaranteed, their value fluctuates frequently and their past performance is not indicative of their future returns. Commissions, trailing commissions, management fees and expenses may all be associated with mutual fund investments. Please read the prospectus before investing. Desjardins Funds are offered by registered dealers.
DFS Guaranteed Investment Fund and Helios are registered trademarks owned by Desjardins Financial Security Life Assurance Company. DFS Guaranteed Investment Funds are established by Desjardins Financial Security Life Assurance Company. DFS Guaranteed Investment Funds are offered exclusively in Canada. DFS stands for Desjardins Financial Security.
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.
The Desjardins Overseas Equity Growth Fund (A-Class) received the A+ Grade in the category of International Equity funds, out of a total of 353 funds competing in this category as defined by the Canadian Investment Funds Standards Committee (CIFSC), an independent organisation from Fundata. This grade is attributed for the period from January 1, 2018 to December 31, 2018.
The Guaranteed Investment Fund DFS GIF - International Equity Growth - Desjardins (5-Series) received the A+ Grade in the category of International Equity - Segregated, out of a total of 201 funds competing in this category as defined by the Canadian Investment Funds Standards Committee (CIFSC), an independent organisation from Fundata. This grade is attributed for the period from January 1, 2018 to December 31, 2018.