(Oakville, ON) – Pro-Financial Asset Management (Pro) is proud to announce that the PRO FTSE RAFI Hong Kong China Index Class A/B funds were recognized by Fundata for their outstanding performance in 2011 by receiving a Fundgrade® A+ rating. The A+ rating is Fundgrade's most prestigious rating and is only given to the highest quality funds.
"We are proud that once again the Hong Kong China Fund has been recognized for its outstanding performance," said Pro-Financial CEO Stuart McKinnon. "The superior risk-adjusted returns that the PRO FTSE RAFI Hong Kong China Fund continues to produce speak volumes to the success that the Fundamental Methodology is having in equity markets across the globe."
The Fundgrade® A+ rating is a new, totally comprehensive ranking that not only ranks a fund by its risk-adjusted return, but also by its level of consistency. The A+ rating identifies the "best of the best" funds for each calendar year. For 2011, The Hong Kong China Fund was the only fund in Canada in its category to receive an A+ Rating.
The PRO FTSE RAFI Hong Kong China Index Fund was launched in March 2007 and has consistently performed at the top of its category since inception. Globefund and Morningstar both rank the Pro FTSE RAFI Hong Kong China Index Fund 1st in the Greater China Equity Class for its returns over the past 3 years. The Fund also received the prestigious 2011 Lipper Funds Award for having the highest risk-adjusted return in the Greater China Equity category.
The Fund is designed to replicate the FTSE RAFI™ Hong Kong China Index (net of expenses), which ranks and weights companies not by market capitalization, but instead by four fundamental financial data points (cash flow, dividends, book value and sales). The fundamentally weighted portfolio is rebalanced and reconstituted annually.
About Pro-Financial
Pro-Financial Asset Management Inc. was founded in 2002 in response to the rapidly changing needs of Canadian investors and the industry professionals who service them. The firm is a pioneer in delivering the award winning FTSE RAFI methodology to Canadian Investors through its Pro-Index Funds and Pro-Guaranteed Funds divisions. This line-up of segregated and index funds ensures that the benefits of fundamental indexing are available to investors through the entire Canadian distribution channel. Pro-Financial Asset Management is fully committed to becoming Canada's leading investment solutions partner and is one of the fastest growing fund families in Canada.
About the FTSE Group
FTSE Group ("FTSE") is a world leader in the creation and management of indexes. With offices in Boston, Beijing, London, Frankfurt, Hong Kong, Madrid, New York, Paris, San Francisco, Sydney, Shanghai and Tokyo, FTSE works with investors in 80 countries globally. It calculates and manages a comprehensive range of equity, fixed income, real estate and investment strategy indices, on both a standard and custom basis. The company has collaborative arrangements with a number of stock exchanges, trade bodies and asset class specialists around the world.
