TORONTO, Dec. 1 /CNW/ -- Annual awards recognize leaders in the
Canadian financial services industry TORONTO, Dec. 1 /CNW/ -
Morningstar (Nasdaq: MORN), has announced the winners of the
Morningstar Canadian Investment Awards. Tonight's ceremony, held at
the Fairmont Royal York Hotel in Toronto, marked the 16th edition
of Canada's premier annual awards event for investment products.
Morningstar acquired the Canadian Investment Awards and Gala in
2009. With CBC's Peter Mansbridge as Master of Ceremonies and more
than 500 guests in attendance, the evening honoured companies and
individuals that have made a difference in the lives of investors
through superior investment products, service, and education. The
awards recognize superior 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,
technology, discount brokerage, and marketing. The awards were
determined by panels of industry experts. The focus was on
longer-term track records, as opposed to simply awarding the best
performers over the past year. This year, Morningstar partnered
with MusiCounts, the Canadian music-education charity associated
with The Canadian Academy of Recording Arts and Sciences, the
organization behind the nationally televised JUNO Awards.
MusiCounts' mission is to provide students with access to
comprehensive music programs in Canadian schools. Proceeds from
submissions-based awards were donated to MusiCounts at the award
ceremony. The award winners include: Morningstar Equity Fund
Manager of the Year Award Winner: Jim Hall, Chairman and Director
of Research, Mawer Investment Management Ltd., Calgary, Alberta
"Jim Hall's track record, not only over the past year but over the
long haul is outstanding," said David O'Leary, director of fund
analysis for Morningstar Canada. "While we looked primarily at
Mawer Canadian Equity to evaluate his performance, he is
responsible for building a lot of the research processes across all
of the Mawer funds. His effective risk management is evidenced by
how he did through the downturn and the ensuing rally." Morningstar
Fixed Income Fund Manager of the Year Award Winner: TD Asset
Management Fixed Income Team, TD Asset Management Inc. "We like
that the team has a rigorous, disciplined, and methodical approach
to fixed- income investing," O'Leary said. "The managers have
strong systems in place to evaluate the risk in their funds, and
they carefully monitor it. We think they have a repeatable process,
which is reflected in their strong long-term performance."
Morningstar Fund Manager of the Decade 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 was the Morningstar Equity Fund Manager of the
Year in 2009," O'Leary said. "When you look over 10 years, he has
been a very consistent performer and has done a great job managing
risk. He has also been responsible for the architecture of a
strong, credible team that manages more than $24 billion in total
assets across the Signature line of funds. In any given year, you
might overlook him, but when you look over the long term, he has
outperformed the overwhelming majority of his competitors."
Analysts' Choice Investment Fund Company of the Year Award Winner:
Dynamic Funds Silver: CI Investments Inc. Bronze: RBC Global Asset
Management Inc. This award is chosen by the Investment Fund Analyst
Committee, which includes analysts from across the industry and
Morningstar. The criteria include performance, risk management,
breadth of offerings, investor and advisor education, fund
governance, and communication to investors. Advisors' Choice
Investment Fund Company of the Year Award Winner: Dynamic Funds
This award is voted on by Canadian advisors. 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 Winner: John W. Kellett Kellett was honoured for his more
than four decades of distinguished service in the investment
industry. Currently with Scotia Asset Management L.P., he was a
long-time employee of the RBC organization and a founding partner
of what now is Royal Bank Investment Management. His award also
reflects his many community service activities. Mutual Fund Award
Winners Best Asian Equity Fund Winner: Dynamic Far East Value,
Dynamic Funds Silver: BMO Guardian Asian Growth & Income, BMO
Investments Inc. Bronze: Fidelity Far East, Fidelity Investments
Canada ULC Best Canadian Balanced Fund Winner: TD Monthly Income,
TD Mutual Funds Silver: RBC Monthly Income, RBC Global Asset
Management Inc. Bronze: Dynamic Dividend Income, Dynamic Funds Best
Canadian Dividend & Income Equity Fund Winner: Dynamic
Dividend, Dynamic Funds Silver: CI Signature Dividend, CI
Investments Inc. Bronze: Bissett Canadian Dividend, Franklin
Templeton Investments Corporation Best Canadian Equity Fund Winner:
Dynamic Value Fund of Canada, Dynamic Funds Silver/Tie: Beutel
Goodman Canadian Equity, Beutel Goodman & Company Ltd. and
Fidelity Canadian Disciplined Equity, Fidelity Investments Canada
ULC Best Canadian Fixed Income Fund Winner: TD Canadian Bond, TD
Mutual Funds Silver: PH&N Bond, Phillips, Hager & North
Investment Management Ltd. Bronze: Beutel Goodman Income, Beutel
Goodman & Company Ltd. Best Canadian Small/Mid Cap Equity Fund
Winner: Dynamic Small Business, Dynamic Funds Silver: Beutel
Goodman Small Cap, Beutel Goodman & Company Ltd. Bronze: BMO
Guardian Enterprise, BMO Investments Inc. Best Emerging Markets
Equity Fund Winner: AGF Emerging Markets, AGF Funds Inc. Silver:
Brandes Emerging Markets Equity, Brandes Investment Partners &
Company Bronze: Desjardins Emerging Markets, Fédération des caisses
Desjardins du Québec Best European Equity Fund Winner: Mackenzie
Ivy European, Mackenzie Financial Corporation Silver: Invesco
European Grown, Invesco Trimark Ltd. Bronze: TD European Growth, TD
Mutual Funds Best Global Balanced Fund Winner: CI Signature High
Income, CI Investments Inc. Silver: Dynamic Value Balanced, Dynamic
Funds Bronze: Mawer Canadian Balanced RSP, Mawer Investment
Management Ltd. Best Global Equity Fund Winner: Dynamic Power
Global Growth, Dynamic Funds Silver: Hartford Global Leaders,
Hartford Investments Canada Corporation Bronze: Mackenzie Ivy
Foreign Equity, Mackenzie Financial Corporation Best Global Fixed
Income Fund Winner: Templeton Global Bond, Franklin Templeton
Investments Corporation Silver: BMO Guardian Global Bond, BMO
Investments Inc. Bronze/Tie: Manulife Strategic Income, Manulife
Mutual Funds and RBC Global Bond, RBC Global Asset Management Inc.
Best Global Small/Mid Cap Equity Fund Winner: Mackenzie Cundill
Recovery, Mackenzie Financial Corporation Silver: Chou Associates,
Chou Associates Management Inc. Bronze: Templeton Global Smaller
Companies, Franklin Templeton Investment Corporation Best
Healthcare Equity Fund Winner: TD Health Sciences, TD Mutual Funds
Silver: CI Global Health Sciences, CI Investments Inc. Bronze: RBC
Global Health Sciences, RBC Global Asset Management Inc. Best High
Yield Fixed Income Fund Winner: RBC Global High Yield, RBC Global
Asset Management Inc. Silver: Fidelity American High Yield,
Fidelity Investments Canada Ltd. Bronze: AGF Canadian High Yield
Bond, AGF Funds Inc. Best International Equity Fund Winner: Invesco
International Growth, Invesco Trimark Ltd. Silver: Renaissance
International Equity, CIBC Asset Management Inc. Bronze: Mackenzie
Universal International Stock, Mackenzie Financial Corporation Best
Natural Resources Equity Fund Winner: Dynamic Focus+ Resource,
Dynamic Funds Silver: CI Signature Canadian Resource, CI
Investments Inc. Bronze: Front Street Special Opportunities, Front
Street Capital Best Precious Metals Equity Fund Winner: Sentry
Precious Metals Growth, Sentry Select Capital Corporation Silver:
Dynamic Precious Metals, Dynamic Funds Bronze: RBC Global Precious
Metals, RBC Global Asset Management Inc. Best Science and
Technology Equity Fund Winner: CI Global Science & Technology,
CI Investments Inc. Silver: BMO Guardian Global Technology, BMO
Investments Inc. Bronze: Mackenzie Universal Technology, Mackenzie
Financial Corporation Best US Equity Fund Winner: Dynamic American
Value, Dynamic Funds Silver: Dynamic Power American Growth, Dynamic
Funds Bronze: CI American Value, CI Investments Inc. Best US
Small/Mid Cap Equity Fund Winner: Mackenzie Universal American
Growth, Mackenzie Financial Corporation Silver: Mackenzie Universal
US Emerging Growth, Mackenzie Financial Corporation Bronze: TD US
Mid-Cap Growth, TD Mutual Funds Pooled Fund Award Winners Best
Canadian Balanced Pooled Fund Winner: QV Canadian Balanced, QV
Investors Inc. Silver: Beutel Goodman Balanced, Beutel Goodman
& Company Ltd. Bronze: Fidelity Canadian Balanced, Fidelity
Investments Canada Ltd. Best Canadian Equity Pooled Fund Winner:
Mawer Canadian Equity, Mawer Investment Management Ltd. Silver:
Goodman Canadian Equity Value, Goodman & Company Investment
Counsel Ltd. Bronze: Beutel Goodman Canadian Equity, Beutel Goodman
& Company Ltd. Best Canadian Income Pooled Fund Winner: Beutel
Goodman Income, Beutel Goodman & Company Ltd. Silver: Baker
Gilmore Bond, Connor Clark & Lunn Financial Group Bronze: PIMCO
Canada Canadian CorePLUS Bond, PIMCO LLC Best Canadian Small/Mid
Cap Pooled Fund Winner: Beutel Goodman Small Cap, Beutel Goodman
& Company Ltd. Silver: Burgundy Canadian Small Cap, Burgundy
Asset Management Ltd. Bronze: CC&L Canadian Small Cap, Connor
Clark & Lunn Financial Group Best Global Balanced Pooled Fund
Winner: Mawer Canadian Diversified Investment, Mawer Investment
Management Ltd. Silver: Burgundy Partners Balanced RSP, Burgundy
Asset Management Ltd. Bronze: Leith Wheeler Balanced, Leith Wheeler
Investment Counsel Ltd. Best Global Equity Pooled Fund Winner:
Hexavest World, Hexavest Asset Management Silver: Burgundy Partners
Global, Burgundy Asset Management Ltd. Bronze: Sprucegrove Global
Equity, Sprucegrove Investment Management Ltd. Best International
Equity Pooled Fund Winner: Mawer World Investment, Mawer Investment
Management Ltd. Silver: Hexavest Europac, Hexavest Asset Management
Bronze: Burgundy EAFE, Burgundy Asset Management Ltd. Best US
Equity Pooled Fund Winner: Hexavest US, Hexavest Asset Management
Silver: Beutel Goodman American Equity, Beutel Goodman &
Company Ltd. Bronze: CI American Value, CI Investments Inc. Hedge
Fund Award Winners Best Multi-Strategy/Fund of Funds Hedge Fund
Winner: North Pole Multi-Strategy Class, Polar Securities Inc.
Silver: Spartan Multi-Strategy Fund, Spartan Fund Management Inc.
Best Opportunistic Hedge Fund Winner: PH&N Absolute Return,
Phillips, Hager & North Investment Management Ltd. Silver:
Friedberg Global Macro Hedge Fund Ltd., Friedberg Mercantile Group
Ltd. Bronze: Di Tomasso Equilibrium Fund, Di Tomasso Group Inc.
Best Relative Value Hedge Fund Winner: Sentry Select Market Neutral
LP, Sentry Select Investments Inc. Silver: Picton Mahoney Market
Neutral Equity, Picton Mahoney Asset Management Bronze: Altairis
Long/Short Class, Polar Securities Inc. Submissions/Industry-based
Awards Investor Education Award, sponsored by Investment Funds
Institute of Canada (IFIC) Winner: Your Retirement Briefcase,
National Bank Financial Group Silver: BMO Guardian Registered
Disability Savings Plan, BMO Mutual Funds Best Marketing Campaign
Winner: "It's time to get Dynamic," Dynamic Funds Silver: 300
Billion Reasons to Talk Russell Investments, Russell Investments
Canada Ltd. Bronze: Manulife Yield Opportunities Fund launch,
Manulife Mutual Funds Best Use of Technology Winner: IFDS Touch
Screen Classification, International Financial Data Services -
Canada Silver: Qtrade MobileWeb, Qtrade Financial Group Best
Discount Brokerage Winner: Qtrade Financial Group Silver: TD
Waterhouse, TD Wealth Management Bronze/Tie: Credential Direct and
RBC Direct Investing Morningstar Best ETF Initiative Winner: BMO
Exchange Traded Funds Launch, BMO Asset Management Inc. Silver:
Horizons BetaPro S&P/TSX 60 ETF Launch, BetaPro Management Inc.
About Morningstar and Morningstar Research Inc. Morningstar
Research Inc. is a Canadian subsidiary of Chicago-based
Morningstar, Inc., a leading provider of independent investment
research in North America, Europe, Australia, and Asia. Morningstar
offers an extensive line of Internet, software, and print-based
products and services for individuals, financial advisors, and
institutions. Morningstar provides data on approximately 360,000
investment offerings, including stocks, mutual funds, and similar
vehicles, along with real-time global market data on more than 4
million equities, indexes, futures, options, commodities, and
precious metals, in addition to foreign exchange and Treasury
markets. The company has operations in 21 countries. ©2010
Morningstar. All Rights Reserved. pMedia Contacts:br/ Isabell
Grygianiec, +1 416 484-7868 or a
href="mailto:isabell.grygianiec@morningstar.com"isabell.grygianiec@morningstar.com/abr/
Christian Charest, +1 416 484-7817 or a
href="mailto:christian.charest@morningstar.com"christian.charest@morningstar.com/a/p
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