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Press release from CNW Group

Morningstar Canada Announces Winners of 2013 Morningstar Awards

Wednesday, November 27, 2013

Morningstar Canada Announces Winners of 2013 Morningstar Awards

22:04 EST Wednesday, November 27, 2013

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TORONTO, Nov. 27, 2013 /CNW/ - Morningstar Research, Inc., a Canadian subsidiary of Morningstar, Inc. (NASDAQ:MORN), a leading provider of independent investment research, today announced the winners of the 2013 Morningstar Awards. The Morningstar Awards are designed to help investors identify the country's most exceptional funds and fund managers for the previous year.

The Awards gala was held this evening at the Fairmont Royal York Hotel in Toronto. Catherine Murray, co-host of Business News Network's Market Sense and anchor of Canada's leading newscast, The Business News, served as host to the more than 500 guests in attendance.

The Morningstar Awards honour companies and individuals that Morningstar believes have made a difference in the lives of investors through superior investment products, service, marketing, and education. The awards encompass a wide range of investment products, including mutual funds, pooled funds, and hedge funds. Additional awards recognize outstanding individual managers, career achievement, discount brokerages, and marketing campaigns. The awards program represents the year-long evaluation efforts of dozens of firms, analysts, and experienced jury members.

Morningstar has continued to expand the ETF awards line-up with the addition of the Best Specialty ETF Award. For a complete list of the 2013 awards winners, please visit www.investmentawards.com/awards.

The Morningstar Awards winners are:

Morningstar Domestic Equity Fund Manager of the Year
Winner: Beutel Goodman Canadian Equity Team: Mark Thomson, Pat Palozzi, James Black, Stephen Arpin, and William Otton, Beutel, Goodman & Company Ltd.
Finalists:
Mawer Canadian Equity, James Hall and Vijay Viswanathan, Mawer Investment Management Ltd.
Mawer New Canada, Martin Ferguson and Jeff Mo, Mawer Investment Management Ltd.
QV Canadian Equity, QV Canadian Small Cap, Management Team, QV Investors

"The competition was especially tough in this category," Christopher Davis, director of fund analysis for Morningstar Canada, said. "All of our finalists have succeeded over the past year and the long haul by employing a disciplined strategy focused on high-quality companies. We reward Beutel Goodman Canadian Equity's team, not only for a strong 2013, but for its long history of consistent success. The team's unit holder-friendly nature sealed their appeal."

Morningstar Foreign Equity Fund Manager of the Year
Winner: Mawer Global Small Cap, Paul Moroz, Mawer Investment Management Ltd.
Finalists:
Chou Associates, Francis Chou, Chou Associates Management Inc.
Mackenzie Ivy Foreign Equity, Paul Musson, Matt Moody, and Robert McKee, Mackenzie Investments

"Our finalists for the foreign equity award all forge their own paths and manage downside risk well, which served them well in 2013's turbulent market," Davis said. "Paul Moroz has excelled in this environment at Mawer Global Small Cap. More importantly, he's delivered the goods over the long term. Moroz has also played an integral role in mentoring younger analysts, helping preserve Mawer's distinctive investment culture."

Morningstar Fixed-Income Fund Manager of the Year
Winner: Templeton Global Bond, Michael Hasenstab and Sonal Desai, Franklin Templeton Investments Corp.
Finalist:
PIMCO Monthly Income, Alfred Murata and Daniel Ivascyn, PIMCO Canada Corp.

"With the spectre of rising interest rates haunting the bond market this year, it's been a difficult market for fixed-income investors," Davis said. "Our two finalists have navigated this environment well. By avoiding debt-laden developed markets like Japan, our winners, Michael Hasenstab and Sonal Desai, delivered yet another year of strong returns. Their approach courts volatility, but they have a long record of parlaying their research advantages into handsome returns."

Morningstar Analysts' Choice Fund Company of the Year
Winner: Mawer Investment Management Ltd.

Morningstar ETF Provider of the Year
Winner: Vanguard Investments Canada Inc.

The following awards are determined by juries of experienced analysts from across the Canadian fund industry:

Advisors' Choice Fund Company of the Year
Winner: Fidelity Investments Canada ULC
Finalists:
CI Investments Inc.
Invesco Canada Ltd.

Career Achievement
Winner: Ian A. Soutar, vice-chairman, co-founder, partner, and portfolio manager, Pembroke Management Ltd.

Best Canadian Balanced Fund
Winner: Steadyhand Income, Steadyhand Investment Funds Inc.
Finalists:
Fidelity Monthly Income, Fidelity Investments Canada ULC
Beutel Goodman Balanced, Beutel, Goodman & Company Ltd. 

Best Canadian Dividend & Income Equity Fund
Winner: Sentry Canadian Income, Sentry Investments
Finalists:
RBC Canadian Equity Income, RBC Global Asset Management Inc.
Trimark Can Plus Dividend, Invesco Canada Ltd. 

Best Canadian Equity Fund
Winner: Mawer Canadian Equity, Mawer Investment Management Ltd.
Finalists:
Fidelity True North, Fidelity Investments Canada ULC
EdgePoint Canadian Portfolio, EdgePoint Wealth Management Inc. 

Best Canadian Fixed-Income Fund
Winner: TD Canadian Core Plus, TD Asset Management Inc.
Finalists:
PH&N Total Return Bond, RBC Global Asset Management Inc.
Dynamic Advantage Bond, Dynamic Funds 

Best Canadian Small-/Mid-Cap Equity Fund
Winner: Sentry Small/Mid Cap Income, Sentry Investments
Finalists:
NEI Ethical Special Equity, NEI Investments
Mawer New Canada, Mawer Investment Management Ltd. 

Best Emerging Markets Equity Fund
Winner: Brandes Emerging Markets Equity, Bridgehouse Asset Managers
Finalists:
RBC Emerging Markets Equity, RBC Global Asset Management Inc.
TD Emerging Markets, TD Asset Management Inc. 

Best Fund of Funds
Winner: CI Portfolio Select Series, CI Investments Inc.
Finalists:
Fidelity Clearpath, Fidelity Investments Canada ULC
ATB Compass Portfolio Series, ATB Investment Management 

Best Global Balanced Fund
Winner: Mawer Balanced, Mawer Investment Management Ltd.
Finalists:
EdgePoint Global Growth & Income, EdgePoint Wealth Management Inc.
CI Signature High Income, CI Investments Inc. 

Best Global Equity Fund
Winner: EdgePoint Global Portfolio, EdgePoint Wealth Management Inc.
Finalists:
CI Black Creek Global Leaders, CI Investments Inc.
Mackenzie Ivy Foreign Equity, Mackenzie Investments 

Best Global Fixed-Income Fund
Winner: Templeton Global Bond, Franklin Templeton Investments Corp.
Finalists:
Renaissance Global Bond, CIBC Global Asset Management
CIBC Global Bond, CIBC Global Asset Management 

Best Global Small-/Mid-Cap Equity Fund
Winner: Mawer Global Small Cap, Mawer Investment Management Ltd.
Finalists:
Chou Associates, Chou Associates Management Inc.
Trimark Global Small Companies, Invesco Canada Ltd. 

Best High Yield Fixed-Income Fund
Winner: Fidelity American High Yield, Fidelity Investments Canada ULC
Finalists:
Franklin High Income, Franklin Templeton Investments Corp.
TD High Yield Bond, TD Asset Management Inc. 

Best International Equity Fund
Winner: CI Black Creek International Equity, CI Investments Inc.
Finalists:
Desjardin Emerging Markets, Desjardins Investments Inc.
Mawer International Equity, Mawer Investment Management Ltd. 

Best Specialty Equity Fund
Winner: CI Global Health Science, CI Investments Inc.
Finalists:
Chou Europe, Chou Associates Management Inc.
TD Entertainment and Communications, TD Asset Management Inc. 

Best U.S. Equity Fund
Winner: Beutel Goodman American Equity, Beutel, Goodman & Company Ltd.
Finalists:
Dynamic Power American Growth, Dynamic Funds
TD U.S. Quantitative Equity, TD Asset Management Inc. 

Best U.S. Small-/Mid-Cap Equity Fund
Winner: Trimark U.S. Small Companies, Invesco Canada Ltd.
Finalists:
CI American Small Companies, CI Investments Inc.
TD U.S. Small Cap, TD Asset Management Inc.

Best Equity ETF
Winner: Vanguard U.S. Total Market Index ETF CAD Hedged, Vanguard Investments Canada
Finalists:
BMO Low Volatility Canadian Equity ETF, BMO Asset Management Inc.
First Asset Morningstar CDN Momentum, First Asset Investment Management
First Asset licenses the Morningstar® Canada Momentum IndexSM as the tracking index for this ETF. The license fee for such use is paid by the sponsoring financial institution based mainly on the total assets of the investable product.

Best Fixed-Income ETF
Winner: Horizons Active Floating Rate Bond ETF, Horizons ETFs Management (Canada) Inc.
Finalists:
Horizons Active High Yield Bond ETF, Horizons ETFs Management (Canada) Inc.
iShares 1-5 Year Corporate ETF, BlackRock Canada
iShares DEX Short Term Bond Index, BlackRock Canada 

Best Specialty ETF
Winner: iShares Fundamental Japan Index, BlackRock Canada
Finalists:
Horizons Morningstar Hedge Fund Index ETF, Horizons ETFs Management (Canada) Inc.
Horizons ETFs Management licenses the Morningstar® Broad Hedge Fund IndexSM as the tracking index for this ETF. The license fee for such use is paid by the sponsoring financial institution based mainly on the total assets of the investable product.
Horizons Active Seasonal Rotation, Horizons ETFs Management (Canada) Inc. 

Best Canadian Balanced Pooled Fund
Winner: Burgundy Balanced Pension, Burgundy Asset Management Ltd.
Finalists:
Beutel Goodman Balanced, Beutel, Goodman & Company Ltd.
QV Canadian Balanced, QV Investors

Best Canadian Equity Pooled Fund
Winner: Mawer Canadian Equity, Mawer Investment Management Ltd.
Finalists:
Beutel Goodman Canadian Equity, Beutel, Goodman & Company Ltd.
Burgundy Canadian Equity, Burgundy Asset Management Ltd. 

Best Canadian Income Pooled Fund
Winner: Canso Corporate Bond, Canso Investment Counsel Ltd.
Finalists:
Pyramis Canadian Bond Trust, Pyramis Global Advisors
PIMCO Canada Canadian CorePLUS Bond Trust, PIMCO Canada Corp. 

Best Canadian Small-/Mid-Cap Equity Pooled Fund
Winner: Burgundy Canadian Small Cap, Burgundy Asset Management Ltd.
Finalists:
Mawer New Canada, Mawer Investment Management Ltd.
QV Canadian Small Cap, QV Investors

Best Global Balanced Pooled Fund
Winner: Mawer Balanced, Mawer Investment Management Ltd.
Finalists:
Burgundy Partners Balanced RSP, Burgundy Asset Management Ltd.
Fidelity Global Asset Allocation, Fidelity Investments Canada ULC 

Best Global Equity Pooled Fund
Winner: Burgundy Global Equity, Burgundy Asset Management Ltd.
Finalists:
Mawer Global Small Cap, Mawer Investment Management Ltd.
MFS MB Global Equity, MFS McLean Budden 

Best International Equity Pooled Fund
Winner: Burgundy EAFE, Burgundy Asset Management Ltd.
Finalists:
Desjardins Financial Overseas Equity Growth, Desjardins Investments Inc.
Mawer International Equity, Mawer Investment Management Ltd. 

Best U.S. Equity Pooled Fund
Winner: Beutel Goodman American Equity, Beutel, Goodman & Company Ltd.
Finalists:
Trimark U.S., Invesco Canada Ltd.
Mawer U.S. Equity, Mawer Investment Management Ltd. 

Best Multi-Strategy or Fund of Hedge Funds
Winner: Phillips Hager & North Absolute Return, RBC Global Asset Management Inc.
Finalists:
North Pole Capital Master Fund, Polar Securities Inc.
Vision Opportunity, Vision Capital Corp. 

Best Opportunistic Hedge Fund
Winner: DKAM Capital Ideas Fund LP, Donville Kent Asset Management
Finalists:
Venator Founders, Venator Capital Management
Anson Investments Master Fund LP, Anson Group 

Best Relative Value Hedge Fund
Winner: RP Opportunities, RP Investment Advisors
Finalists:
East Coast Performance, East Coast Fund Management
Picton Mahoney Global Market Neutral Equity, Picton Mahoney Asset Management 

Best Online Brokerage
Winner: BMO InvestorLine
Finalists:
Qtrade Investor
Questrade 

IFIC Investor Education Award
Winner: Money and Youth—"Helping youth prepare for their financial future," Investors Group
Finalists:
Mackenzie Tax and Estate Planning for Business Owners, Mackenzie Investments
EdgePoint Academy, EdgePoint Wealth Management Inc.

Canadian Investment Marketing Award
Winner: "Time to Take Stock", Franklin Templeton Investments Corp.
Finalists:
"Let's Fix Income", Sun Life Global Investments
"Renaissance Goes Further", CIBC Asset Management

Best Use of Technology Award
Winner: "The integration of new media technologies into group retirement solutions," Desjardins Insurance
Finalists:
"Digital Mailroom: Document Finger Printing," International Financial Data Services Personal Investment Plan Tool, Qtrade Asset Management 

Best ETF Initiative Award
Winner: BMO ETF Educational Initiatives, BMO Exchange Traded Funds
Finalists:
Search for Canada's Next Top ETF, First Asset
Purpose Corporate Class ETFs & Multi-Series, Purpose Investments Inc.

For further information about the Morningstar Awards, please visit www.investmentawards.com.

About Morningstar, Inc.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors. Morningstar provides data on approximately 437,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 10 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its registered investment advisor subsidiaries and has approximately $176 billion in assets under advisement or management as of Sept. 30, 2013. The company has operations in 27 countries.

Morningstar, Inc.'s investment management group licenses indexes to financial institutions as the tracking indexes for investable products, such as exchange-traded funds, sponsored by the financial institution. The license fee for such use is paid by the sponsoring financial institution based mainly on the total assets of the investable product. Please click here for a list of investable products that track or have tracked a Morningstar index. Neither Morningstar, Inc. nor its investment management group markets, sells, or makes any representations regarding the advisability of investing in any investable product that tracks a Morningstar index.

References to and commentary on the above mentioned mutual funds should not be used as the sole basis for investment decisions nor should it be considered a solicitation to buy or sell that fund.

©2013 Morningstar, Inc.  All rights reserved.

SOURCE Morningstar Research Inc.

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Image with caption: "Morningstar Awards opening reception (CNW Group/Morningstar Research Inc.)". Image available at: http://photos.newswire.ca/images/download/20131127_C5528_PHOTO_EN_34003.jpg

Image with caption: "Morningstar Awards host Catherine Murray (CNW Group/Morningstar Research Inc.)". Image available at: http://photos.newswire.ca/images/download/20131127_C5528_PHOTO_EN_34002.jpg

Image with caption: "MusiCounts auction (CNW Group/Morningstar Research Inc.)". Image available at: http://photos.newswire.ca/images/download/20131127_C5528_PHOTO_EN_34004.jpg

Image with caption: "Career achievement award winner Ian A. Soutar (CNW Group/Morningstar Research Inc.)". Image available at: http://photos.newswire.ca/images/download/20131127_C5528_PHOTO_EN_34001.jpg

Image with caption: "Morningstar ETF Provider of the Year, Vanguard Investments Inc. (CNW Group/Morningstar Research Inc.)". Image available at: http://photos.newswire.ca/images/download/20131127_C5528_PHOTO_EN_34005.jpg

For further information:


Media Contact:
Jaime Aitken, +1 416-484-7868 or jaimelyn.aitken@morningstar.com

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