2009 Canadian Investment Award Winners Announced
TORONTO, Dec. 2 /CNW/ -- The Canadian Investment Awards (CIA), Canada's premier awards program recognizing excellence in the financial services industry, is proud to present this year's winners. The awards were presented this evening at the 15th annual gala, held at the Fairmont Royal York Hotel in Toronto.
"Our goal each year is to recognize innovation, leadership and commitment to long-term investing in Canada," said CIA founder Sabine Steinbrecher. "Never before has leadership and long-term vision been more important to recognize than in these markets and we are proud to showcase those at the forefront. Investors can look for the CIA winners' logo when making their investment decisions, knowing that rigorous selection processes have been followed."
The awards recognize leadership in the investment industry and represent Canada's wide range of investment products, including mutual funds, pooled funds and hedge funds. Additional awards recognize outstanding individual managers, career achievement, education, technology, innovation, marketing, socially responsible investing and community service. Awards are determined by panels of industry expert. A complete list of jurors can be found on the Canadian Investment Awards website at www.InvestmentAwards.com.
Important changes to the CIA Awards:
Morningstar Canada announced today it has agreed to acquire the Canadian Investment Awards and Gala from Canadian Investment Awards Inc., a privately held firm based in Toronto. The transaction is expected to be completed during the first quarter of 2010. Under terms of the agreement, the awards and gala will be rebranded under the Morningstar name.
- The Morningstar Fund Manager of the Year Award was expanded into two
awards: Equity Fund Manager of the Year and Fixed Income Fund Manager
of the Year.
"For each of these awards, we start our selection process by
narrowing the field to a list of managers whom we hold in high
regard," said David O'Leary, Manager of Fund Analysis, Morningstar
Canada. "These are managers who have produced excellent long-term
returns and have demonstrated strong stewardship. From there we
select a manager who is particularly deserving of each award, given
their performance over the past year."
Major award winners include:
Morningstar Equity Fund Manager of the Year Award
Winner: Eric Bushell, Senior Vice-President, Portfolio Management and Chief Investment Officer of Signature Global Advisors, a division of CI Investments Inc.
"Eric Bushell rarely tops the performance charts in any given year, but consistency has been his hallmark," said Philip Lee, Senior Analyst, Morningstar Canada. "We attribute much of his success to his ability to tactically shift assets between countries, currencies, sectors, and asset classes. Despite a challenging and volatile year, he's adroitly juggled all of the fund's moving parts and produced a respectable return."
Morningstar Fixed Income Fund Manager of the Year Award
Winner: Bruce L. Corneil, Senior Vice President, Fixed Income
Beutel, Goodman & Company Ltd.
"Bruce Corneil is a manager we've long admired," said David O'Leary of Morningstar. "He and his team have produced outstanding returns for over 15 years, and are an integral part of a firm that we regard as one of the better stewards in Canada. The past year has showcased Corneil's credit research, as he avoided corporate bond issues from troubled banks and insurance companies. This paid off handsomely during the market meltdown."
Analysts' Choice Investment Fund Company of the Year Award - sponsored by
CGI Inc
Winner: CI Investments Inc.
This award is chosen by the Investment Fund Analyst Committee. The criteria include performance and risk, management, breadth of offerings, investor and advisor education; fund governance and communication to investors.
Advisors' Choice Investment Fund Company of the Year Award - sponsored by
Investment Executive
Winner: Dynamic Funds
This award is voted on by Canadian advisors, who vote for their favourite fund company each year. (Mutual fund, hedge fund or other investment fund companies qualify). Advisors consider quality and range of products, performance, fees,; service, education, community investment and management.
Career Achievement Award - Sponsored by Fundata Canada Inc.
Winner: Glorianne Stromberg
Ms. Stromberg, a former commissioner of the Ontario Securities Commission and now Chair of the Public Accountants Council for the Province of Ontario, was honoured for her long-term contributions to the financial services and investment funds industry through her ground-breaking reports, as well as her important contributions to regulatory change and policy development.
The 2009 Canadian Investment Award Winners
Asian Equity Fund Award
Winner: Dynamic Far East Value Fund, Dynamic Funds
Silver: Fidelity Far East Fund, Fidelity Investments Canada LLC
Bronze: CI Pacific Fund, CI Investments Inc.
Canadian Balanced Fund Award
Winner: CI Signature Canadian Balanced, CI Investments Inc.
Silver: AGF Canadian Balanced, AGF Investments Inc.
Bronze: RBC Monthly Income, RBC Asset Management Inc.
Canadian Dividend & Income Equity Fund Award
Winner: CI Signature Dividend, CI Investments Inc.
Silver: Beutel Goodman Canadian Dividend, Beutel, Goodman & Co.Ltd.
Bronze: Fidelity Dividend, Fidelity Investments Canada LLC
Canadian Equity Fund ((greater than) 50% Canada) Award
Winner: Dynamic Value Fund, Canada, Dynamic Funds
Silver: CI Signature Select Canadian, CI Investments Inc.
Bronze: CI Harbour, CI Investments Inc.
Canadian Fixed Income Fund Award
Winner: Beutel Goodman Income, Beutel, Goodman & Co. Ltd.
Silver: PH&N Bond, RBC Asset Management Inc.
Bronze: TD Canadian Bond, TD Mutual Funds
Canadian Small/Mid Cap Equity Fund ((greater than) 50% Canada) Award
Winner: Dynamic Focus + Small Business, Dynamic Funds
Silver: Beutel Goodman Small Cap, Beutel, Goodman & Co. Ltd.
Bronze: Ethical Special Equity/IA Clarington Canadian Small Cap,
Northwest & Ethical Investment LP/IA Clarington Investments Inc.
Emerging Markets Equity Fund Award
Winner: AGF Emerging Markets, AGF Investments Inc.
Silver: Brandes Emerging Markets Equity, Brandes Investment
Partners & Co.
Bronze: Mackenzie Universal Emerging Markets, Mackenzie Financial Corp.
European Equity Fund Award
Winner: Mackenzie Ivy European, Mackenzie Financial Corp.
Silver: AGF European Equity, AGF Investments Inc.
Bronze: AIM European Growth, Invesco Trimark Ltd.
Global Balanced Fund Award
Winner: Mawer Canadian Balanced RSP, Mawer Investment Management Ltd.
Silver: CI Signature Income & Growth, CI Investments Inc.
Bronze: Dynamic Value Balanced, Dynamic Funds
Global Equity Fund Award
Winner: Mackenzie Ivy Foreign Equity, Mackenzie Financial Corp.
Silver: Hartford Global Leaders, Hartford Investments Canada Corp.
Bronze: Mutual Discovery, Franklin Templeton Investments Corp.
Global Fixed Income Fund Award
Winner: Templeton Global Bond, Franklin Templeton Investments Corp.
Silver: Manulife Strategic Income, Manulife Mutual Funds
Bronze: BMO Guardian Global Bond, BMO Investments Inc.
Global Small/Mid Cap Equity Fund Award
Winner: Templeton Global Smaller Companies, Franklin Templeton
Investments Corp.
Silver: CI Global Small Companies, CI Investments Inc.
Bronze: Brandes Global Small Cap Equity, Brandes Investment
Partners & Co.
Healthcare Equity Fund Award
Winner: TD Health Sciences, TD Mutual Funds
Silver: CI Global Health Sciences, CI Investments Inc.
Bronze: Renaissance Global Health Care, CIBC Asset Management Inc.
High Yield Fixed Income Fund Award
Winner: PH&N High Yield Bond, RBC Asset Management Inc.
Silver: AGF Global High Yield Bond, AGF Investments Inc.
Bronze: RBC Global Corporate Bond, RBC Asset Management Inc.
International Equity Fund Award
Winner: Mawer World Investment, Mawer Investment Management Ltd.
Silver: Renaissance International Equity, CIBC Asset Management Inc.
Bronze: Templeton International Stock, Franklin Templeton Investments
Corp.
Natural Resources Equity Fund Award
Winner: CI Signature Canadian Resource, CI Investments Inc.
Silver: Dynamic Focus+ Resource, Dynamic Funds
Bronze: AGF Global Resources, AGF Investments Inc.
Precious Metals Equity Fund Award
Winner: RBC Global Precious Metals, RBC Asset Management Inc.
Silver: Dynamic Precious Metals, Dynamic Funds
Bronze: Sentry Select Precious Metals Growth, Sentry Select Capital Corp.
Science and Technology Equity Fund Award
Winner: CI Global Science & Tech, CI Investments Inc.
Silver: BMO Guardian Global Technology, BMO Investments Inc.
Bronze: Fidelity Global Technology, Fidelity Investments Canada LLC
US Equity Fund Award
Winner: CI American Value, CI Investments Inc.
Silver: Dynamic American Value, Dynamic Funds
Bronze: Beutel Goodman American Equity, Beutel, Goodman & Co.Ltd.
US Small/Mid Cap Equity Fund Award
Winner: Mackenzie Universal American Growth, Mackenzie Financial Corp.
Silver: CI American Small Companies, CI Investments Inc.
Bronze: Trimark US Small Companies, Invesco Trimark Ltd.
Canadian Balanced Pooled Fund of the Year Award
Winner: Beutel Goodman Balanced, Beutel, Goodman & Co. Ltd.
Silver: Fidelity Canadian Asset Allocation, Fidelity Investments Canada
LLC
Bronze: Fidelity Canadian Balanced, Fidelity Investments Canada LLC
Canadian Equity Pooled Fund of the Year Award
Winner: Beutel Goodman Canadian Equity, Beutel, Goodman & Co. Ltd.
Silver: Mawer Canadian Equity, Mawer Investment Management Ltd.
Bronze: Howson Tattersall Canadian Value Equity, Howson Tattersall
Investment Counsel Ltd.
Canadian Income Pooled Fund of the Year Award - Sponsored by
Canadian Business magazine
Winner: Beutel Goodman Income, Beutel, Goodman & Co. Ltd.
Silver: PH&N Bond, RBC Asset Management Inc.
Bronze: McLean Budden Fixed Income, McLean Budden Ltd.
Canadian Small Cap Pooled Fund of the Year Award
Winner: Beutel Goodman Small Cap, Beutel, Goodman & Co. Ltd.
Silver: QV Canadian Small Cap, QV Investors Inc.
Bronze: CC&L Canadian Small Cap, Connor Clark & Lunn Financial Group
Global Balanced Pooled Fund of the Year Award
Winner: Mawer Canadian Balanced, Mawer Investment Management Ltd.
Silver: McLean Budden Balanced, McLean Budden Ltd.
Bronze: Mawer Canadian Diversified Investment, Mawer Investment
Management Ltd.
Global Equity Pooled Fund of the Year Award
Winner: Hexavest World, Hexavest Asset Management
Silver: Burgundy Partners Global, Burgundy Asset Management Ltd.
Bronze: Beutel Goodman Global Equity, Beutel, Goodman & Co. Ltd.
International Equity Pooled Fund of the Year Award
Winner: Hexavest Europac, Hexavest Asset Management
Silver: Mawer World Investment, Mawer Investment Management Ltd.
Bronze: CC&L Arrowstreet EAFE, Connor Clark & Lunn Financial Group
US Equity Pooled Fund of the Year Award
Winner: McLean Budden American Equity, McLean Budden Ltd.
Silver: Hexavest US Equity, Hexavest Asset Management
Bronze: PH&N US Growth, RBC Asset Management Inc.
Socially Responsible Investment Fund Award - Sponsored by National Post
Winner: Inhance Monthly Income Fund, Inhance Investment Management Inc.
Silver: Ethical Balanced Fund, Northwest & Ethical Investment LP
Best Directional Hedge Fund Award - Sponsored by Canadian Hedge Watch
Winner: JC Clark Preservation Trust, JC Clark Ltd.
Silver: PH&N Absolute Return Fund, RBC Asset Management Inc.
Bronze: Arrow High Yield, Arrow Hedge Partners Inc.
Relative Value Hedge Fund Award - Sponsored by Canadian Hedge Watch
Winner: Picton Mahoney Market Neutral Equity Fund, Picton Mahoney Asset
Management
Silver: SciVest Market Neutral Fund, SciVest Capital Management Inc.
Bronze: Amethyst Arbitrage Fund, Crystalline Management Inc.
Multi-strategy Hedge Fund/Fund of Hedge Funds Award - Sponsored by
Canadian Hedge Watch
Winner: Niagara Legacy Fund, Niagara Capital Partners Ltd.
Silver: North Pole Multi-Strategy Fund, Polar Securities Inc.
Bronze: Vertex Fund, Vertex One Asset Management Inc.
Best Hedge Fund Newcomer Award - Sponsored by Canadian Hedge Watch
Winner: Rosalind Capital Partners, Rosalind Advisors Inc.
Silver: IMFC Global Investment Program, Integrated Asset Management Corp
Bronze: Agilith North American Diversified Fund, Agilith Capital Inc.
Investor Education Award - Sponsored by Investment Funds Institute of
Canada
Winner: Snapshots by Dynamic Funds
Silver: Guidance for On-line Investors (RBC Direct Investing) and Today's
Economy (SunLife) (tied)
Canadian Investment Marketing Award - Sponsored by Broadridge Investor
Communication Solutions, Canada
Winner: "Hartford Portfolios Launch", Hartford Investments
Silver: Salida Capital Integrated Campaign, Salida Capital
Bronze: Back on Track: Investors Group
Advisor Education Award - Sponsored by Learning Library Inc.
Winner: "Snapshots", Dynamic Funds
Silver: "Pipeline", Scotiafunds
Best New Initiative Award - Sponsored by Informco Inc.
Winner: "ETF DRIP, PACC, SWF Program", Claymore Investments Inc.
Silver: "Cymbria Corporation", EdgePoint Investment Group
Bronze: "Planipedia.org", PlanPlus Inc.
Best Use of Technology Award - Sponsored by VAULT Solutions Inc.
Winner: "SmartForms", International Financial Data Services Canada
Silver: "Insight Services: Online Transactions", Manulife Financial
Bronze: "The DIY Advisor Self-Customization Tool", Russell Investments
Canada Ltd.
Analysts' Choice Investment Fund Company of the Year Award - Sponsored by
CGI
Winner: CI Investments Inc.
Silver: Dynamic Funds
Bronze: Beutel, Goodman & Co. Ltd.
"Each year, the Canadian Investment Awards showcases organizations whose innovation and commitment to Canadian investors sets them apart from their peers," said Steinbrecher. "In times of economic uncertainty, these industry leaders have demonstrated the leadership and long-term vision necessary to excel."
This year's Canadian Investment Awards were presented at the 15th Annual event held on December 2nd, 2009. Winners will be posted online December 3rd and in the Canadian Investment Guide Magazine at selected newsstands early December.
"In closing, I want to sincerely thank all of our sponsors. Please join us next year for the 2010 Canadian Investment Awards, to be held on December 1st, 2010. Submissions will open in June 2010."
Thank you to all our partners and sponsors
Platinum: CGI/Morningstar
Gold: Canadian Business/MoneySense
Silver: Broadridge Investor Communications Solutions, Canada/Canadian
Hedge Watch/Fundata
Canada Inc./Informco/Investment Executive/Learning Library Inc.
National Automobile Sponsor: Audi Canada
National Newspaper Sponsor: National Post
Strategic Partners: Kaleidoscope Marketing and Communications/Locordia
Inc./VAULT Solutions
Partners: Bruze/Bullfrog Power/Business News Network/CCR Solutions/CNW
Group/Data On The Spot/Investment Funds Institute of Canada/Prestige
Glass/YMCA Investment in Values
About the Canadian Investment Awards
Now in its 15th year, the Canadian Investment Awards and Gala recognizes products, services and innovations that exemplify excellence within the Canadian financial services industry. Unique in its collaborative structure and broad representation, this is the only national awards event that reflects the collective judging efforts of a broad range of industry experts, financial advisors and investors.
For more information about the Canadian Investment Awards, please visit www.InvestmentAwards.com.