Caldwell Canadian Value Momentum Fund Winner of the 2018 FundGrade A+ Award™ for Outstanding Performance


TORONTO, Jan. 25, 2019 (GLOBE NEWSWIRE) -- Caldwell Investment Management Ltd. is pleased to announce that the Caldwell Canadian Value Momentum Fund (the “Fund”) has been awarded the 2018 FundGrade A+ Award for delivering consistently strong performance with minimal volatility. 

The Caldwell Canadian Value Momentum Fund was recognized for its exceptional performance over the past year within a peer group of approximately 360 other funds in the Canadian Equity category.  A driving force in the Fund’s outperformance has been its demonstrated ability to protect investor capital during periods of market decline.  In that regard, the Fund boasts a category-best downside capture ratio of 38.1% over the past 5 years ending December 31, 2018*.  In addition, the Fund ranks in the top 2% of all Canadian Equity funds for the 3-year period, and top 5% for the 5-year period, ending December 31, 2018. 

“Congratulations to our Portfolio Managers: Jennifer Radman and Mario Mainelli, and to the rest of the Canadian Value Momentum Fund team,” said Brendan Caldwell, President and CEO of Caldwell Investment Management Ltd.  “This prestigious award recognizes the proficiency of the Fund’s investment process as well as the diligence and ability of our portfolio management team.”

The Caldwell Canadian Value Momentum Fund employs a rigorous and repeatable investment process based on the unique combination of quantitative discovery and traditional, bottom-up fundamental analysis. The Fund seeks to capitalize on investment opportunities offering the most attractive risk-adjusted return potential, regardless of market capitalization and industry categorization.  The Fund invests in a concentrated portfolio that looks vastly different than the composite index and is comprised of Canadian stocks which are often overlooked or are inaccessible to larger competing funds.  The end result is a portfolio containing the best attributes of both value and momentum investment styles. 

* Downside-capture definition: The down-market capture ratio is a statistical measure of an investment manager's overall performance in down-markets. It is used to evaluate how well an investment manager performed relative to an index during periods when that index has dropped.

About Caldwell Investment Management Ltd.
Established in 1990, and founded by Thomas S. Caldwell C.M., Caldwell Investment Management Ltd. (“Caldwell”) provides investment management services to pooled and mutual funds. Caldwell has established and maintained its reputation for excellence in the investment management industry, providing innovative investment solutions to meet the requirements of individual and institutional investors. Caldwell practices “Thoughtful Investing”, applying a disciplined and prudent long-term investment approach. Capital preservation is the key to investment success. 

For additional information, please contact:
Jennifer Kuta, Vice President, at (416) 593-1798 or 

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments.  Please read the prospectus before investing.  The indicated rate(s) of return is (are) the historical annual compounded total return(s) including changes in (share or unit) value and reinvestment of all (dividends or distributions) and does (do) not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns.  Performance of Series O of the Fund for the period ending December 31, 2018 is 1 Year: -6.0%, 3 Year: 8.5%, 5 Year: 6.2%, Since Inception (August 15, 2011): 9.3%. The Fund is in the Canadian Equity Category, which as of December 31, 2018 had 363 mutual funds in the category. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. 

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 Although Fundata makes every effort to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Fundata.