2014 Morningstar Awards

Date: Thursday, November 27, 2014
Author: News Release

TORONTO, Nov. 26, 2014 /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 2014 Morningstar Awards. The event, marking the 20th anniversary of celebrating the Canadian investment industry, was held this evening at the Fairmont Royal York Hotel in Toronto.

The Morningstar Awards are designed to help investors identify Canada's most exceptional funds and fund managers of the year. The evening honoured more than 40 individuals and companies that Morningstar believes have made a difference in the lives of investors through superior investment products, service, marketing, and education. Back by popular demand, CBC's Peter Mansbridge hosted the awards with more than 500 guests in attendance.

The awards encompass a wide range of investment products, including mutual funds, pooled funds, and hedge funds. Additional awards recognize outstanding individual managers, online brokerages, and investor education and marketing campaigns. The awards program represents an extensive, year-long evaluation of dozens of firms and industry individuals by analysts and experienced jury members.

The 2014 Morningstar Awards winners are:

Fund Manager of the Year Awards:

Morningstar Domestic Equity Fund Manager of the Year
Winner: Martin Ferguson and Jeff Mo, Mawer New Canada, Mawer Investment Management Ltd.
Finalists:
Stephen Arpin and William Otton, Beutel Goodman Small Cap, Beutel, Goodman & Company Ltd.
Michael Simpson and Aubrey Hearn, Sentry Canadian Income, Sentry Investments

"Martin Ferguson and Jeff Mo planted the seeds of their 2014 success long ago with long-term holdings that were strong performers this year," Christopher Davis, Morningstar's director of manager research for Canadian active strategies, said. "The pair's disciplined process and complementary skills have made Mawer New Canada deserving of the award."

Morningstar Foreign Equity Fund Manager of the Year
Winner: Tye Bousada and Geoff MacDonald, EdgePoint Global Portfolio, EdgePoint Wealth Management Inc.
Finalists:
Francis Chou, Chou Associates, Chou Associates Management Inc.
Paul Moroz, Mawer Global Small Cap, Mawer Investment Management Ltd.

"Tye Bousada and Geoff MacDonald trounced their global equity peers this year by identifying compelling values in U.S. financial services and technology stocks," Davis said. "The duo's value-oriented, quality-focused approach has led to fine long-term results both at EdgePoint and their former posts at Invesco Canada."

Morningstar Fixed-Income Fund Manager of the Year
Winner: PH&N Fixed Income Team, PH&N Bond and PH&N Total Return Bond, RBC Global Asset Management Inc.
Finalist:
John Braive and Patrick O'Toole, CIBC Canadian Bond, CIBC Asset Management Inc.

"Investors of all stripes rely on human and technological capital to get ahead, but nowhere are these factors more important than in the fixed-income realm," Davis said. "Once again, PH&N's fixed-income team used its people and technology to good effect."

Morningstar Analysts' Choice Fund Company of the Year Award:

Winner: Mawer Investment Management Ltd.

Morningstar ETF Provider of the Year Award:


Winner: Vanguard Investments Canada Inc.

Career Achievement:

Winner: Dr. G. Raymond Chang, O.C., CI Financial Corp.

Advisors' Choice Fund Company of the Year Award:


Winner: Fidelity Investments Canada ULC
Finalists:
CI Investments Inc.
Sentry Investments

Mutual Fund Awards:

Best Canadian Balanced Fund
Winner: Manulife Monthly High Income, Manulife Asset Management Ltd.
Finalists:
Fidelity Monthly Income, Fidelity Investments Canada ULC
TD Dividend Income, TD Asset Management Inc.

Best Canadian Dividend & Income Equity Fund
Winner: RBC Canadian Equity Income, RBC Global Asset Management Inc.
Finalists:
Leith Wheeler Canadian Dividend, Leith Wheeler Investment Counsel
Beutel Goodman Canadian Dividend, Beutel, Goodman & Company Ltd.

Best Canadian Equity Fund
Winner: Mawer Canadian Equity, Mawer Investment Management Ltd.
Finalists:
CI Cambridge Canadian Equity, CI Investments Inc.
PH&N Vintage, RBC Global Asset Management Inc.

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

Best Emerging Markets Equity Fund
Winner: Brandes Emerging Markets Equity, Bridgehouse Asset Managers
Finalists:
RBC Emerging Markets Equity, RBC Global Asset Management Inc.
Templeton Frontier Markets, Franklin Templeton Investments Corp.

Best Fund of Fund
Winner: Fidelity Managed Portfolios, Fidelity Investments Canada ULC
Finalists:
CI Portfolio Select Series, CI Investments Inc.
Meritage, National Bank Trust Inc.

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

Best Global Equity Fund
Winner: Capital Group Global Equity, Capital International Asset Management
Finalists:
EdgePoint Global Portfolio, EdgePoint Wealth Management Inc.
Mawer Global Equity, Mawer Investment Management Ltd.

Best Global Small-/Mid-Cap Equity Fund
Winner: Mawer Global Small Cap, Mawer Investment Management Ltd.
Finalists:
Brandes Global Small Cap Equity, Bridgehouse Asset Managers
Fidelity NorthStar, Fidelity Investments Canada ULC

Best International Equity Fund
Winner: Mawer International Equity, Mawer Investment Management Ltd.
Finalists:
Invesco International Growth, Invesco Canada Ltd.
CI Black Creek International Equity, CI Investments Inc.

Best Specialty Equity Fund
Winner: CI Global Health Sciences, CI Investments Inc.
Finalists:
Manulife Global Infrastructure, Manulife Asset Management Ltd.
Front Street Special Opportunities, Front Street Capital

Best U.S. Equity Fund
Winner: Trimark U.S. Companies, Invesco Canada Ltd.
Finalists:
Beutel Goodman American Equity, Beutel, Goodman & Company Ltd.
North Growth U.S. Equity, North Growth Management Ltd.

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

Best Global Fixed-Income Fund
Winner: PIMCO Monthly Income, PIMCO Canada Corp.
Finalists:
RBC Global Corporate Bond, RBC Global Asset Management Inc.
Templeton Global Bond, Franklin Templeton Investments Corp.

Best Canadian Fixed-Income Fund
Winner: PH&N Total Return Bond, RBC Global Asset Management Inc.
Finalists:
Fidelity Corporate Bond, Fidelity Investments Canada ULC
TD Canadian Core Plus Bond, TD Asset Management Inc.

Best High Yield Fixed-Income Fund
Winner: Fidelity American High Yield, Fidelity Investments Canada ULC
Finalists:
PH&N High Yield Bond, RBC Global Asset Management Inc.
RBC Emerging Markets Bond, RBC Global Asset Management Inc.

ETF Awards:

Best Equity ETF
Winner: Horizons Active Global Dividend ETF, Horizons ETFs Management (Canada) Inc.
Finalists:
Horizons Active Canadian Dividend ETF, Horizons ETFs Management (Canada) Inc.
BMO U.S. Dividend ETF, BMO Global Asset Management Inc.

Best Fixed-Income ETF
Winner: Horizons Active Preferred Share ETF, Horizons ETFs Management (Canada) Inc.
Finalists:
Horizons Active High Yield Bond ETF, Horizons ETFs Management (Canada) Inc.
iShares Core High Quality Canadian Bond, BlackRock Asset Management Canada Ltd.
BMO Emerging Market Bond Hedged to CAD ETF, BMO Global Asset Management Inc.

Best Specialty ETF
Winner: BMO Global Infrastructure ETF, BMO Global Asset Management Inc.
Finalists:
BMO Covered Call Canadian Banks ETF, BMO Global Asset Management Inc.
PowerShares S&P 500 High Beta (CAD Hedged) ETF, Invesco Canada Ltd.

Pooled Fund Awards:

Best Canadian Balanced Pooled Fund
Winner: Leith Wheeler Diversified, Leith Wheeler Investment Counsel
Finalists:
Burgundy Balanced Pension, Burgundy Asset Management Ltd.
CGOV Balance, CGOV Asset Management

Best Canadian Equity Pooled Fund
Winner: Mawer Canadian Equity, Mawer Investment Management Ltd.
Finalists:
Burgundy Canadian Equity, Burgundy Asset Management Ltd.
Guardian Equity Income, Guardian Capital Group Ltd.

Best Canadian Income Pooled Fund
Winner: PH&N Enhanced Total Return Bond, RBC Global Asset Management Inc.
Finalists:
Canso Corporate Bond, Canso Investment Counsel Ltd.
TD Emerald Canadian Core Plus, TD Asset Management Inc.

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

Best Global Balanced Pooled Fund
Winner: Mawer Balanced, Mawer Investment Management Ltd.
Finalists:
Burgundy Partners Balanced RSP, Burgundy Asset Management Ltd.
CI Signature Income & Growth, CI Investments Inc.
Desjardins Financial Letko Brosseau Balanced, Desjardins Global Asset Management

Best Global Equity Pooled Fund
Winner: Mawer Global Small Cap, Mawer Investment Management Ltd.
Finalists:
Burgundy Partners Global, Burgundy Asset Management Ltd.
QV Global Equity, QV Investors Inc.

Best International Equity Pooled Fund
Winner: Mawer International Equity, Mawer Investment Management Ltd.
Finalists:
Burgundy EAFE, Burgundy Asset Management Ltd.
CI Black Creek International, CI Investments Inc.
Trimark International Companies, Invesco Canada Ltd.

Best U.S. Equity Pooled Fund
Winner: Beutel Goodman American Equity, Beutel, Goodman & Company Ltd.*
Winner: Brandywine Classic Value U.S. Equity, Brandywine Global Asset Management*
Finalists:
Fiera Capital U.S. Equity, Fiera Capital Corp.
Burgundy U.S. Smaller Companies, Burgundy Asset Management Ltd.
RBC O'Shaughnessy U.S. Value, RBC Global Asset Management Inc.

*Note: There was a tie in this category.

Hedge Fund Awards:

Best Multi-Strategy or Fund of Hedge Funds
Winner: PH&N Absolute Return, RBC Global Asset Management Inc.
Finalist:
North Pole, Polar Securities Inc.


Best Opportunistic Hedge Fund
Winner: DKAM Capital Ideas, Donville Kent Asset Management Inc.
Finalists:
Venator Founders, Venator Capital Management Ltd.
Waratah Performance, Waratah Capital Advisors Ltd.

Best Relative Value Hedge Fund
Winner: Curvature Fund LP, CHS Asset Management Inc.
Finalists:
Waratah One, Waratah Capital Advisors Ltd.
SG U.S. Market Neutral, Arrow Capital Management Inc.

Submission-Based Awards

Best Online Brokerage
Winner: BMO InvestorLine
Finalists:
Qtrade Investor
Scotia iTrade

IFIC Investor Education Award
Winner: money UP!, Sun Life Financial
Finalists:
The Five Essential Elements to Being a Better Investor, Steadyhand Investment Funds Inc.
The Value Dialogue, Bridgehouse Asset Managers
Rethink Risk, AGF Investments Inc.

Canadian Investment Marketing Award
Winner: Rethink Risk, AGF Investments Inc.
Finalists:
Go Global, Sun Life Global Investments
The Dynamic Code, Dynamic Funds

Best Use of Technology Award
Winner: Model Portfolio Service, Canadian ShareOwner Investments Inc.
Finalists:
Russell Retirement Lifestyle Planner, Russell Investments
Dynamic Funds Launchpad, Dynamic Funds

Best ETF Initiative Award
Winner: iShares Core Series of ETFs, BlackRock Asset Management Canada Ltd.
Finalists:
What's Your Risk Number?, Horizons ETFs Management (Canada) Inc.
Portfolio Management Techniques Utilizing ETFs, BMO Exchange-Traded Funds