GLC Asset Management is pleased to announce that a number of funds we manage were recognized at the annual Fundata FundGrade A+ ® Awards, which acknowledges Canadian funds that maintained an exceptional performance rating in 2019.
GLC’s award winning portfolio strategies include: Canadian Low Volatility Equity (London Capital), U.S. Mid Cap (London Capital), Mortgage (Portico), Mid Cap Canadian Equity (GWLIM), and the Corporate Bond (Portico).
Congratulations to our Portfolio Managers and investment teams that manage these distinguished funds.
Learn more about the winning portfolio strategies:
Canadian Low Volatility Equity (London Capital): offers a diversified portfolio of Canadian stocks with lower volatility characteristics. The portfolio is designed to offer a better risk-adjusted return than the market and to reduce drawdown experiences over market cycles.
U.S. Mid Cap (London Capital): this strategy invests mainly in small to mid-cap U.S. publicly-traded companies with above-average growth potential to achieve long-term capital appreciation.
Commercial Mortgage (Portico): this strategy invests primarily in Canadian commercial mortgage investments, which seeks to generate more income than government bonds of a similar term, while creating a portfolio that is less interest-rate sensitive because of its shorter duration.
Mid Cap Canadian Equity (GWLIM): this strategy invests primarily in mid-sized Canadian companies, and to a lesser extent, smaller capitalization Canadian companies with the potential for high growth and long-term capital appreciation.
Corporate Bond (Portico): this strategy invests primarily in investment-grade Canadian corporate bonds (rated BBB or higher), diversified across a wide range of both industry sectors and credit quality.
More about Fundata FundGrade A+ ® Rating
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.comOpens a new website in a new window. Although Fundata makes every effort to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Fundata.
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This commentary represents GLC’s views at the date of publication, which are subject to change without notice. Furthermore, there can be no assurance that any trends described in this material will continue or that forecasts will occur; economic and market conditions change frequently. This commentary is intended as a general source of information and is not intended to be a solicitation to buy or sell specific investments, nor tax or legal advice. Before making any investment decision, prospective investors should carefully review the relevant offering documents and seek input from their advisor.