Two DFS Guaranteed Investment Funds earn a FundGrade A+ award

Intermediary Network Sales Support and Expertise January 24, 2020

We’re proud to announce that not one, but two of our Guaranteed Investment Funds earned a FundGrade A+ award for consistent, outstanding performance in 2019:

*This fund is included in our Helios Contract, which is no longer sold, but is still active for investors who hold it.

"These awards demonstrate the commitment we’ve made to create relevant, high-performance funds for our members and clients. I’m proud of the recognition we’ve earned for our DFS GIF – Balanced Fund, which is part of the investment solutions our teams have developed for our Guaranteed Investment Funds Contract," explains Jean-François Girard, Manager, Mutual Fund and Guaranteed Investment Development at Desjardins.

The 2019 FundGrade A+® awards were presented at the gala event on January 23 to recognize consistent performance excellence, adjusted for risk, in the preceding calendar year. The awards have become a highly prized achievement in the Canadian investment funds industry since their launch in 2013.

Learn more about our GIFs and our Helios2 Contract.

® A+ and FundGrade A+ are registered trademarks of Fundata Canada Inc.


Intermediary Network Sales Support and Expertise

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.