Global Manager Research (GMR) recognized the FGP Short Term Bond Fund as a Top Performer in the five years to September 30, 2024. According to GMR, “The FGP Short Term Bond Fund ranked in the top 3% in the GMR Canadian Short Term Fixed Income Universe based on a weighted calculation which includes: rate of return, standard deviation, and Sharpe ratio over a 5-year period. The comparative universe contains 20 similar funds with at least 60 months of historical data.
“The GMR Top Performer Award winners are identified through a blend of 5-Year annualized rate of return (50%), standard deviation (25%), and Sharpe Ratio (25%) as of September 30, 2024.”
According to eVestment, the Fund’s standard deviation was in the 11th percentile of its peer group, the eVestment Canadian Short Duration Fixed Income Universe, in the five years to September 30, 2024. There were 28 strategies in this universe. The Fund’s downside market capture was 71% in the same period.
You can read more details about the FGP Short Term Bond Fund here.