TORONTO, Jan. 27,
2023 /CNW/ - For the eleventh year in a row, several
mutual funds managed by TD Asset Management Inc. (TDAM) were
recognized at the annual Fundata Canada Inc. (Fundata) FundGrade
A+® Awards. A combination of twelve TD Mutual Funds
and TD Exchange-Traded Funds (TD ETFs) won in their respective
categories at the 2022 awards, announced Thursday, January 26, 2023. This represents the
most FundGrade A+™ Awards received by investment funds managed by
TDAM in a single period.
The FundGrade A+® Awards recognize Canadian
investment fund products that have maintained an exceptional
performance rating over the entire previous calendar year, with
only around 6% of investment fund products available in
Canada receiving the FundGrade
A+® rating.
"On behalf of our entire investment management team, I want to
thank Fundata for recognizing multiple TD Mutual Funds and TD ETFs,
across several categories, at the 2022 FundGrade A+ Awards," said
Bruce Cooper, Chief Executive
Officer at TDAM. "Being acknowledged for investment excellence is
always a great honour. The awards reflect the dedication and
expertise of our diverse investment teams," Cooper added. "I also
want to thank advisors, investors and clients for your continued
confidence in our innovative solutions."
Each of the following TD Mutual Funds and TD ETFs were
recognized for providing strong risk-adjusted returns relative to
industry peers, across one or more performance periods:
Fund
Name
|
CIFSC
Category
|
Fund
Count
|
FundGrade
Start Date
|
FundGrade
Calculation
Date
|
TD Q Global Dividend
ETF
(TQGD)
|
Global
Equity
|
1146
|
2020-01-31
|
2022-12-31
|
TD Active Preferred
Share ETF
(TPRF)
|
Preferred Share
Fixed Income
|
50
|
2019-01-31
|
2022-12-31
|
TD Select Short Term
Corporate
Bond Ladder ETF (TCSB)
|
Canadian Short
Term Fixed Income
|
162
|
2019-01-31
|
2022-12-31
|
TD International Equity
CAD
Hedged Index ETF (THE)
|
International
Equity
|
399
|
2017-01-31
|
2022-12-31
|
TD Global Equity
Focused Fund
(TDB3450)
|
Global
Equity
|
1146
|
2019-01-31
|
2022-12-31
|
TD Canadian Large-Cap
Equity
Fund (TDB3107)
|
Canadian
Equity
|
371
|
2017-01-31
|
2022-12-31
|
TD Canadian Blue
Chip
Dividend Fund (TDB3105)
|
Canadian Dividend
&
Income Equity
|
271
|
2017-01-31
|
2022-12-31
|
TD Canadian Diversified
Yield
Fund (TDB3106)
|
Canadian Neutral
Balanced
|
218
|
2017-01-31
|
2022-12-31
|
TD U.S. Monthly Income
Fund
(TDB2460)
|
Global Neutral
Balanced
|
950
|
2014-01-31
|
2022-12-31
|
TD U.S. Quantitative
Equity
Fund(TDB677)
|
U.S. Equity
|
836
|
2013-01-31
|
2022-12-31
|
TD China Income and
Growth
Fund (TDB642)
|
Greater China
Equity
|
38
|
2013-01-31
|
2022-12-31
|
TD Managed
Aggressive
Growth ETF Portfolio (TDB3560)
|
Global Equity
Balanced
|
735
|
2018-01-31
|
2022-12-31
|
Note: Standard
Performance Data can be found by clicking on the funds listed above
or by visiting TDAssetManagement.com.
|
The FundGrade A+® rating is used with permission
from Fundata Canada Inc., all rights reserved. Fundata is a leading
provider of market and investment funds data to the Canadian
financial services industry and business media. The FundGrade
A+® rating identifies funds that have consistently
demonstrated the best risk-adjusted returns throughout an entire
calendar year. For more information on the rating system, please
visit www.Fundata.com/ProductsServices/FundGrade.aspx.
TD Q Global Dividend ETF was awarded the FundGrade A+™ Award in
the Global Equity category for the 12-month period ending
December 31, 2022 out of a total of
1146 funds.
TD Active Preferred Share ETF was awarded the FundGrade A+™
Award in the Preferred Share Fixed Income category for the 12-month
period ending December 31, 2022 out
of a total of 50 funds. TD Select Short Term Corporate Bond Ladder
ETF was awarded the FundGrade A+™ Award in the Canadian Short Term
Fixed Income category for the 12-month period ending December 31, 2022 out of a total of 162
funds.
TD International Equity CAD Hedged Index ETF was awarded the
FundGrade A+™ Award in the International Equity category for the
12-month period ending December 31,
2022 out of a total of 399 funds.
TD Global Equity Focused Fund was awarded the FundGrade A+™
Award in the Global Equity category for the 12-month period ending
December 31, 2022 out of a total of
1146 funds.
TD Canadian Large-Cap Equity Fund was awarded the FundGrade A+™
Award in the Canadian Equity category for the 12-month period
ending December 31, 2022 out of a
total of 371 funds.
TD Canadian Blue Chip Dividend Fund was awarded the FundGrade
A+™ Award in the Canadian Dividend & Income Equity category for
the 12-month period ending December 31,
2022 out of a total of 271 funds.
TD Canadian Diversified Yield Fund was awarded the FundGrade A+™
Award in the Canadian Neutral Balanced category for the 12-month
period ending December 31, 2022 out
of a total of 218 funds.
TD U.S. Monthly Income Fund was awarded the FundGrade A+™ Award
in the Global Neutral Balanced category for the 12-month period
ending December 31, 2022 out of a
total of 950 funds.
TD U.S. Quantitative Equity Fund was awarded the FundGrade A+™
Award in the U.S. Equity category for the 12-month period ending
December 31, 2022 out of a total of
836 funds.
TD China Income & Growth Fund was awarded the FundGrade A+™
Award in the Greater China Equity category for the 12-month period
ending December 31, 2022 out of a
total of 38 funds.
TD Managed Aggressive Growth ETF Portfolio was awarded the
FundGrade A+™ Award in the Global Equity Balanced for the 12-month
period ending December 31, 2022 out
of a total of 735 funds.
The 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.
Commissions, management fees and expenses all may be associated
with mutual fund and/or exchange- traded fund ("ETF") investments
(collectively, "the Funds"). Trailing commissions may be associated
with mutual fund investments. ETF units are bought and sold at
market price on a stock exchange and brokerage commissions will
reduce returns. Please read the fund facts or summary documents and
the prospectus, which contain detailed investment information,
before investing in the Funds. The Funds are not covered by the
Canada Deposit Insurance Corporation or by any other government
deposit insurer and are not guaranteed or insured. Their values
change frequently. There can be no assurances that a money market
fund will be able to maintain its net asset value per unit at a
constant amount or that the full amount of your investment will be
returned to you. Past performance may not be repeated.
The TD International Equity CAD Hedged Index ETF is not
sponsored, promoted, sold or supported in any other manner by
Solactive AG nor does Solactive AG offer any express or implicit
guarantee or assurance either with regard to the results of using
the Index and/or Index trade mark or the Index Price at any time or
in any other respect. The Solactive GBS Developed Markets ex North
America Large & Mid Cap Hedged to CAD Index (CA NTR) is
calculated and published by Solactive AG. Solactive AG uses its
best efforts to ensure that the Index is calculated correctly.
Include the following text in regulatory reporting documents only:
Irrespective of its obligations towards the Issuer, Solactive AG
has no obligation to point out errors in the Index to third parties
including but not limited to investors and/or financial
intermediaries of the TD International Equity CAD Hedged Index ETF.
Neither publication of the Index by Solactive AG nor the licensing
of the Index or Index trade mark for the purpose of use in
connection with the TD International Equity CAD Hedged Index ETF
constitutes a recommendation by Solactive AG to invest capital in
said TD International Equity CAD Hedged Index ETF nor does it in
any way represent an assurance or opinion of Solactive AG with
regard to any investment in this TD International Equity CAD Hedged
Index ETF.
Effective February 3, 2020, TD
China Income and Growth Fund's (formerly TD Asian Growth Fund)
investment objective changed. As a result of this change, Martin
Currie Inc. was removed as the fund's sub-adviser and TD Asset
Management Inc. assumed full portfolio management responsibilities
of the fund. TD China Income and Growth Fund's risk rating has also
change from "medium to high" to "high". Performance prior to this
date relates to the fund's previous investment objective and may
differ substantially from the future performance of the fund under
its new investment objective.
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.
TD ETFs are managed by TD Asset Management Inc., a wholly-owned
subsidiary of The Toronto- Dominion Bank.
All trademarks are the property of their respective owners.
® The TD logo and other TD trademarks are the property of
The Toronto-Dominion Bank or its subsidiaries.
TD Asset Management Inc.
TD Asset Management Inc. ("TDAM"), a member of TD Bank Group, is
a North American investment management firm. 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 $408
billion in assets. Aggregate statistics under management as
of December 31, 2022 for TDAM and
Epoch Investment Partners, Inc. TDAM operates in Canada and Epoch Investment Partners, Inc.
operates in the United States.
Both entities are affiliates and are wholly-owned subsidiaries of
The Toronto-Dominion Bank.
SOURCE TD Asset Management Inc.