The awards are given annually to investment funds and their managers who have shown consistent, outstanding, risk-adjusted performance through the previous calendar year.
Sun Life Global Investment’s award-winning funds for 2019 are:
|Fund Name (Series A)||CIFSC Category||# of funds||Inception Date*|
|Sun Life MFS Global Growth Fund||Global Equity||1476||Oct 1, 2010|
|Sun Life MFS International Growth Fund||International Equity||522||Oct 1, 2010|
|Sun Life MFS International Value Fund||International Equity||522||Oct 1, 2010|
|Sun Life Dynamic American Fund||US Equity||1233||Feb 2, 2015|
|Sun Life Dynamic Equity Income Fund||Canadian Dividend and Income Equity||530||Jan 17, 2013|
* The end date for the FundGrade calculation is December 31, 2019.
Performance for the winning funds for the period ended December 31, 2019 is as follows:
- Sun Life MFS Global Growth Fund: 27.5% (1 year), 16.4% (3 years), 12.8% (5 years), and 12.7% (since inception);
- Sun Life MFS International Growth Fund: 19.2% (1 year), 12.4% (3 years), 10.2% (5 years), and 8.4% (since inception);
- Sun Life MFS International Value Fund: 17.2% (1 year), 9.6% (3 years), 9.9% (5 years), and 11.0% (since inception)
- Sun Life Dynamic American Fund: 20.9% (1 year), 15.1% (3 years), and 12.5% (since inception)
- Sun Life Dynamic Equity Income Fund: 20.6% (1 year), 8.5% (3 years), 8.1% (5 years), and 8.4% (since inception)
Commissions, trailing commissions, management fees and expenses all may be associated with investments in the funds. Please read the prospectus before investing. The indicated rates of return are historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns. Investments in the funds are not guaranteed; their values change frequently and past performance may not be repeated.
About the Fundata FundGrade A+® Awards
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. FundGrade Ratings are subject to change every month. 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. For more information please see http://www.fundgradeawards.com/