Winners Announced of Thomson Reuters Lipper Fund Awards 2016 - Canada

New York, US, Nov. 14, 2016 (GLOBE NEWSWIRE) -- TORONTO, November 14, 2016 - Thomson Reuters announced the winners of the Thomson Reuters Lipper Fund Awards 2016 for Canada. The Lipper Fund Awards honors funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers.
The Lipper Fund Awards were presented on November 6th, 2016, at a ceremony in Toronto, Canada. Phillips, Hager & North collected the top group award for overall fund group. CIBC Nasdaq Index Class A, Mawer Canadian Equity Series A, PH&N Short Term Bond & Mortgage Series D, and TD Science & Technology Investor Series each won three individual awards. The full list of group award winners includes:

"The Thomson Reuters Lipper Fund Awards recognizes and celebrates the success of the fund managers who have delivered an impressive record of return for their shareholders," said Robert Jenkins, global head of Research at Thomson Reuters Lipper. "Today's investment market continues to be a challenging one, and the winners of the Lipper Fund Awards reflect the best in producing consistently strong risk-adjusted returns relative to their peers."

The Lipper Fund Awards recognizes funds and fund management firms for their consistently strong risk-adjusted three-, five-, and ten-year performance, relative to their peers, based on Lipper's proprietary performance-based methodology. Six Group Awards, plus the coveted Overall Award, are given to firms with superior performance across asset classes.

Lipper data covers more than 285,000 share classes and over 129,000 funds in 62 markets. It provides the free Lipper Leader ratings for mutual funds registered for sale in over 40 countries.

Please visit our Awards website to see a full list of winners from the Lipper Fund Awards. The Lipper Fund Awards' 2016 methodology can be viewed here.

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Thomson Reuters
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Notes to Editors

Thomson Reuters Lipper Fund Awards designations do not constitute and are not intended to constitute investment advice or an offer to sell or the solicitation of an offer to buy any security of any entity in any jurisdiction. As a result, investors should not make an investment decision on the basis of this information. Lipper Fund Awards designations are for informational purposes only. Lipper is not responsible for the accuracy, reliability or completeness of the information obtained from Lipper. In addition, Lipper will not be liable for any loss or damage resulting from information obtained from Lipper or any of its affiliates. Past performance is not necessarily a guide to future performance and investors should remember that past performance is not a guarantee of future results.