TORONTO – January 27, 2023 — Beutel Goodman is excited to share that Beutel Goodman Core Plus Bond Fund (“the Fund”) has been recognized at the annual Fundata FundGrade A+® Awards, which were announced on January 27, 2023.
The Fund won the 2022 Fundata FundGrade A+® Award in the Canadian Fixed Income category out of a total of 311 funds, and was judged over the ten-year period beginning January 31, 2013 and ending December 31, 2022.*
“Facing a series of rate hikes by central banks, last year was a challenging year for bond markets, so we are thrilled once again to accept this honour from Fundata,” said David Gregoris, Managing Director, Fixed Income at Beutel Goodman. “Receiving a FundGrade A+ Award in consecutive years for the Fund provides validation for our value investment philosophy, our long-term focus, and our team’s commitment to deep research, especially over this ten-year period. It’s with great pride that we have been able to deliver consistent, award-winning returns for our clients through challenging markets.”
The Fundata FundGrade A+® Awards are presented annually to Canadian investment funds that achieve consistently high FundGrade scores through an entire calendar year. FundGrade ratings are subject to change every month.
For more information on the Beutel Goodman Core Plus Bond Fund, please visit: https://www.beutelgoodman.com/fund/beutel-goodman-core-plus-bond-fund/
For more information on the FundGrade A+® Awards and the FundGrade Ratings, including rating methodology, please visit: https://www.fundgradeawards.com/
About Beutel, Goodman & Company Ltd.
Beutel, Goodman & Company Ltd. is a privately owned, independent Canadian investment manager with $43.6 billion in assets under management as at December 31, 2022. For more than 50 years, we have been dedicated to helping our institutional, private wealth and retail clients achieve their long-term investment goals. As value investors, high-conviction ideas and a focus on capital preservation are the cornerstones of our disciplined research process. For more information about Beutel Goodman and our actively managed portfolios, visit www.beutelgoodman.com.
About the Fundata FundGrade A+ Rating
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.
*Annualized performance for Beutel Goodman Core Plus Bond Fund, Class F as at December 31, 2022: -12.18% (1 year), -1.48% (3 year), 0.70% (5 year), 2.16% (10 year).
*Annualized performance for Beutel Goodman Core Plus Bond Fund, Class B as at December 31, 2022: -12.67% (1 year), -2.03% (3 year), 0.14% (5 year), 0.92% (10 year).
*Annualized performance for Beutel Goodman Core Plus Bond Fund, Class D as at December 31, 2022: -12.28% (1 year), -1.60% (3 year), 0.58% (5 year), 1.37% (10 year).
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemptions, distributions or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
Clients seeking further information may contact their appointed relationship manager. For all other inquiries:
Content & Communications Manager
Beutel, Goodman & Company Ltd.