Montreal, January 22, 2021 – Once again this year, fdp (Professionals’ Financial) distinguished itself by winning 2020 FundGrade A+® Awards from Fundata Canada Inc. This year, two of our portfolios earned these distinctions for superior risk-adjusted returns throughout the year:
FDP Balanced Portfolio, Series A – Received a FundGrade A+® rating for the second consecutive year, in the Canadian Neutral Balanced category, which includes 410 funds.
FDP Canadian Equity Portfolio, Series A – Earned a FundGrade A+® rating for the first time, in the Canadian Equity category, which comprises 418 funds.
“We are particularly proud to have earned these industry recognitions, especially considering the high volatility we encountered in 2020. Clearly, our effective risk management and the expertise of our managers are at the heart of this success and enabled our funds to produce excellent returns in variable market conditions,”, explains Mr. François Landry, Vice-president and Chief Investment Officer of fdp.
Highly prized in the industry, the FundGrade A+® Awards are presented to Canadian investment funds that are not only the top performers, but that also systematically maintained outstanding risk-adjusted returns throughout the previous calendar year. Only 10% of all the funds on the Canadian market achieve this elite status.
FDP Balanced Portfolio, Series A received the FundGrade A+® Award in the Canadian Neutral Balanced funds category, out of a total of 410 funds competing in this category as defined by the CIFSC. This grade is attributed for the period from January 1, 2020 to December 31, 2020. Performance for FDP Balanced Portfolio, Series A for the period ending December 31, 2020 is as follows: 8.78% (1 year), 6.88% (3 years), 8.26 % (5 years), 6.10 % (10 years) and 7.78% (since inception on March 31, 1978).
FDP Canadian Equity Portfolio, Series A, received the FundGrade A+® Award in the Canadian Equity category, out of a total of 418 funds competing in this category as defined by the CIFSC. This grade is attributed for the period from January 1, 2020 to December 31, 2020. FDP Canadian Equity Portfolio, Series A for the period ending December 31, 2020 is as follows: 8.38 (1 year), 6.58% (3 years), 6.55% (5 years), 6.22 % (10 years) and 7.58% (since inception on December 31, 1987).
Serving professionals for more than 40 years, fdp (Professionals’ Financial) sets itself apart with a wealth management approach based on a deep understanding of our clients’ reality. Thanks to this financial intelligence, we are able to offer them highly personalized guidance. Agility, performance and innovation are at the heart of our expertise.
fdp’s shareholders represent the largest liberal professions in Quebec: the Fédération des médecins spécialistes du Québec, the Association des chirurgiens-dentistes du Québec, the Corporation de service de la Chambre des notaires, the Association des architectes en pratique privée du Québec and the Association québécoise des pharmaciens propriétaires.
Commissions, trailing commissions, management fees and expenses all may be associated with investments in an FDP Portfolio. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns, including changes in portfolio value and reinvestment of all distributions, but do not take into account sales, redemption, distribution or optional charges or income taxes payable by an investor that would have reduced returns. The funds’ units are not insured by the Canada Deposit Insurance Corporation. FDP Portfolios are not guaranteed, their value changes frequently, and their past performance is not indicative of their future returns.