IG Wealth Management recognized at 2018 Lipper® Awards

TORONTO, Nov. 14, 2018 /CNW/ - IG Wealth Management has been recognized at the prestigious 2018 Thomson Reuters Lipper® Fund Awards.

"Congratulations to our outstanding team for being honoured at these esteemed awards," said Jeff Carney, President and CEO, IG Wealth Management. "The Lipper awards are known for recognizing industry leading funds that offer strong value and high performance. I couldn't be prouder that IG has once again been acknowledged."

The following IG funds, sub-advised by Mackenzie Investments, were recognized at last Wednesday's Lipper Fund Awards: 

Lipper® tracks 125,000 funds worldwide. Each year Lipper® recognizes funds that lead the way in delivering strong, risk-adjusted performance. The Lipper® Fund Awards recognize the most successful funds for their performance over various time periods relative to their peers.

About IG Wealth Management

Founded in 1926, IG Wealth Management is a national leader in delivering personalized financial solutions to Canadians through a network of Consultants located across Canada. In addition to an exclusive family of mutual funds and other investment vehicles, IG offers a wide range of other financial services. IG Wealth Management has $85.16 billion in assets under management as of October 31, 2018 and is a member of the IGM Financial Inc. (TSX: IGM) group of companies. IGM Financial is one of Canada's premier financial services companies with over $153.09 billion in total assets under management as of October 31, 2018

About the Thomson Reuters Lipper Fund Awards

The Thomson Reuters Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers for the applicable periods ended July 31, 2018.  The Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Lipper Fund Award.  Lipper Leader Ratings are subject to change every month. For more information, see www.lipperweblipperfundawards.com. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data, the accuracy is not guaranteed by Lipper.

IG Mackenzie Floating Rate Income Fund (Series C) was awarded the 2018 Thomson Reuters Lipper Fund Award for best three-year performance in the Floating Rate Loan category for the period ended July 31, 2018, out of a total of 10 funds. Performance for the fund for the period ended October 31, 2018 was as follows: 4.75% (1 year), 5.41% (3 years) and 4.21% (since inception) in July 2004.

Investors European Mid-Cap Equity Series Fund (Series A) was awarded a 2018 Thomson Reuters Lipper Fund Award for best five-year and 10-year performance in the European Equity category for the period ended July 31, 2018, out of a total of 22 funds. Performance of Series B for the fund for the period ended October 31, 2018 was as follows:  -11.82% (1 year), -0.03% (3 years), 7.47% (5 years) and 9.06% (10 years).

Investors International Small Cap Class (Series A) was awarded the 2018 Thomson Reuters Lipper Fund Award for best five-year and 10-year performance in the International Equity category for the period ended September 30, 2018, out of a total of 66 funds (five-year) and 49 funds (10-year). Performance of Series B for the fund for the period ended October 31, 2018 was as follows:  -10.18% (1 year), 2.75% (3 years), 9.23% (5 years), 13.02% (10 year) and 9.28% (since inception) in October 2002.

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, redemption, distribution 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.

SOURCE IG Wealth Management