Footnote *Inception as of January 10, 2008 for the Tangerine Portfolios, except Equity Growth Portfolio, which has an inception as of November 21, 2011 and Dividend Portfolio, which has an inception as of November 2, 2016.
Footnote 1About the Fundata FundGrade A+® Awards
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 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.
Award-winning fund for 2020 is:
Award-winning fund for 2020
||C I F S C Category
||FundGrade Start Datefootnote*
|Tangerine Balanced Income Portfolio
||Canadian Fixed Income Balanced
Footnote *The end date for the FundGrade calculation is December 31, 2020.
Performance for the winning fund for the period ended December 31, 2020 is as follows: Tangerine Balanced Income Portfolio: 8.48% (1 year), 5.74% (3 years), 4.97% (5 years), 5.34% (10 years), and 4.78% (since inception on January 2008).
Footnote 2The M E R for the interim period ended June 30th, 2020 was 1.05% for the Tangerine Balanced Growth portfolio and 1.06% for the remaining Tangerine Core portfolios after applicable waivers and absorptions by the manager. Each Tangerine Investment Fund offers one series of units, and is considered equivalent to an A-series mutual fund. “A-series mutual funds” often refers to the standard “one-size-fits-all” funds that have traditionally populated the Canadian mutual funds universe. According to the Investor Economics Insight report dated June, 2020 the asset weighted M E R for A-series mutual funds for the year ending December 2019 was 2.06%. The M E R for each Tangerine Portfolio includes the Fund’s management fee and operating expenses, but does not include its trading costs. Please refer to the Tangerine Portfolio’s Fund Facts or MRFP for the Fund’s most recent trading expense ratio.
Mutual funds are not insured by CDIC.
Footnote †Inception as of January 10, 2008 for the Tangerine Portfolios, except Equity Growth Portfolio, which has an inception as of November 21, 2011 and Dividend Portfolio, which has an inception as of November 2, 2016. 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 incomes taxes payable by any security holder that would have reduced returns.
Tangerine Investment Funds are managed by Tangerine Investment Management Inc. and are only available by opening an Investment Fund Account with Tangerine Investment Funds Limited. These firms are wholly owned subsidiaries of Tangerine Bank. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. 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 operational charges or income taxes payable by any securityholder that would have reduced returns. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.