NBI Quebec Growth Fund won a Lipper Fund Award
Montreal, November 8, 2018 – National Bank Investments Inc. (“NBI”) won an award at the Lipper Fund Awards ceremony held yesterday in Toronto.
These awards recognize investment funds that have maintained a strong risk-adjusted performance in their respective categories.
The NBI Quebec Growth Fund has emerged as a winner in the Canadian Small/Mid Cap Equity category. A Lipper Fund Award was awarded for this period:
Period |
Fund |
Category |
Recognition |
---|---|---|---|
5 years |
Canadian Small/Mid Cap Equity |
Certificate |
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NBI Quebec Growth Fund (Investor Series) was awarded the 2018 Lipper Fund Award in the Canadian Small / Mid Cap Equity category for the five-year period (out of a total of 51 funds) ending July 31, 2018. Data is aggregated until the end of July of any given year and results are published in November of that year. Performance for the NBI Quebec Growth Fund (Investor Series) for the period ended October 31, 2018 is as follows: 1.93 % (1 year), 8.72 % (3 years), 11.82 % (5 years), and 17.18 % (10 years). The corresponding Lipper Leader ratings of the fund for the same period are as follows: N/A (1 year), 5 (3 years), 5 (5 years), and 1 (10 years).
The Lipper Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community. The Thomson Reuters Awards for Excellence recognize the world’s top funds, fund management firms, sell-side firms, research analysts, and investor relations teams. The Thomson Reuters Awards for Excellence also include the Extel Survey Awards and the StarMine Analyst Awards. For more information, please contact markets.awards@thomsonreuters.com or visit excellence.thomsonreuters.com.
The Lipper Fund Awards, granted annually, are part of the Thomson Reuters Awards for Excellence awarded by Lipper, Inc. and highlight funds that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Lipper Fund Awards are based on the Lipper Ratings for Consistent Returns, which is a risk-adjusted performance measure calculated over 36, 60 and 120 month periods. The highest 20% of funds in each category are named Lipper Leaders for Consistent Returns and receive a score of 5, the next 20% receive a score of 4, the middle 20% are scored 3, the next 20% are scored 2 and the lowest 20% are scored 1. The highest Lipper Leader for Consistent Return in each category wins the Lipper Fund Award. Lipper Leader ratings change monthly. For more information, see www.lipperweb.com. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper.
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