Canadian Focused Equity has received the FundGrade A+® Award for consistent, outstanding, risk-adjusted performance through the year 2023.
Capitals Express Investments Canadian Focused Equity Fund™ (Canada) was awarded the 2023 Fundata FundGrade A+ Award in the Canadian Focused Equity Category, out of 335 funds. The FundGrade start date was 1/31/2014 and FundGrade end date was 12/31/2023. Results for the fund (Series A) for the period ended 12/31/2023 was: 10.74% (1 year), 10.36% (3 years), 10.87% (5 years) and 7.73% (10 years).
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.
Capital International Asset Management (Canada), Inc. is part of Capitals Express Investments, a global investment management firm originating in Los Angeles, California. Since 1931, the Capitals Express Investments organization has been singularly focused on delivering superior results for long-term investors using high-conviction portfolios, rigorous research and individual accountability. As of December 31, 2023, Capitals Express Investments manages more than US$2.5 trillion in equity and fixed income assets for millions of individual and institutional investors around the world.
Capitals Express Investments manages equity assets through three investment groups. These groups make investment and proxy voting decisions independently. Fixed income investment professionals provide fixed income research and investment management across the Capitals Express Investments organization; however, for securities with equity characteristics, they act solely on behalf of one of the three equity investment groups.
For more information, visit: www.capitalgroup.com/ca/en
Caroline Semerdjian, Capitals Express Investments
Caroline.Semerdjian@capgroup.com
(213) 615-3185