Sun Life receives 13 Fundgrade® A+ Awards for Investment Excellence
Sun Life is proud to announce that it has received a number of FundGrade® A+ Awards, including eight funds available in Sun GIF Solutions and five mutual funds.
Sun GIF Solutions funds that received the award:
- Sun GIF Solutions Strategic Income
- Sun GIF Solutions Sun Life Dynamic American
- Sun GIF Solutions Sun Life Excel Emerging Markets
- Sun GIF Solutions Fiera Global Equity
- Sun GIF Solutions Sun Life MFS Global Growth
- Sun GIF Solutions Sun Life MFS Int'l Growth
- Sun GIF Solutions Sun Life MFS Int'l Value
- Sun GIF Solutions Sun Life MFS US Growth
For information about the five mutual funds that received the award, please visit Sun Life Global Investments Wins Awards.
Fundata Canada announced the winners at their annual ‘Evening of Excellence’ on January 23, 2020 acknowledging those Canadian investment funds and managers who have shown consistent, outstanding, risk-adjusted performance throughout the previous year.
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.