Jim Hall, Eric Bushell and the TD Asset Management fixed income team won top honours at the Morningstar Canadian Investment Awards handed out Wednesday evening in Toronto.

Hall, chairman and director of research at Calgary-based Mawer Investment Management Ltd. was named Morningstar Equity Fund Manager of the Year

“Jim Hall’s track record, not only over the past year but over the long haul is outstanding,” said David O’Leary, director of fund analysis for Morningstar Canada, in a release.

“While we looked primarily at Mawer Canadian Equity to evaluate his performance, he is responsible for building a lot of the research processes across all of the Mawer funds. His effective risk management is evidenced by how he did through the downturn and the ensuing rally,” O’Leary added.

TD Asset Management fixed income team, TD Asset Management Inc., was named Morningstar Fixed Income Fund Manager of the Year.

“We like that the team has a rigorous, disciplined, and methodical approach to fixed-income investing,” O’Leary said. “The managers have strong systems in place to evaluate the risk in their funds, and they carefully monitor it. We think they have a repeatable process, which is reflected in their strong long-term performance.”

Eric Bushell, senior vice president, portfolio management and chief investment officer of Signature Global Advisors, a division of CI Investments Inc., was honoured with the Morningstar Fund Manager of the Decade Award.

“Eric Bushell was the Morningstar Equity Fund Manager of the Year in 2009,” O’Leary said. “When you look over 10 years, he has been a very consistent performer and has done a great job managing risk. He has also been responsible for the architecture of a strong, credible team that manages more than $24 billion in total assets across the Signature line of funds. In any given year, you might overlook him, but when you look over the long term, he has outperformed the overwhelming majority of his competitors.”

Wednesday night’s ceremony marked the 16th edition of Canada’s annual awards event for investment products. Morningstar acquired the Canadian Investment Awards and Gala in 2009.

With CBC’s Peter Mansbridge as Master of Ceremonies and more than 500 guests in attendance, the evening honoured companies and individuals that have made a difference in the lives of investors through superior investment products, service, and education.

The awards recognize superior leadership in the investment industry and represent Canada’s wide range of investment products, including mutual funds, pooled funds, and hedge funds. Additional awards recognize outstanding individual managers, career achievement, technology, discount brokerage, and marketing. The awards were determined by panels of industry experts. The focus was on longer-term track records, as opposed to simply awarding the best performers over the past year.

This year, Morningstar partnered with MusiCounts, the Canadian music-education charity associated with The Canadian Academy of Recording Arts and Sciences, the organization behind the nationally televised JUNO Awards. MusiCounts’ mission is to provide students with access to comprehensive music programs in Canadian schools. Proceeds from submissions-based awards were donated to MusiCounts at the award ceremony.

Other award winners include:

> Analysts’ Choice Investment Fund Company of the Year Award

Winner: Dynamic Funds

Silver: CI Investments Inc.
Bronze: RBC Global Asset Management Inc.

This award is chosen by the Investment Fund Analyst Committee, which includes analysts from across the industry and Morningstar. The criteria include performance, risk management, breadth of offerings,
investor and advisor education, fund governance, and communication to investors.

> Advisors’ Choice Investment Fund Company of the Year Award: Dynamic Funds:
This award is voted on by Canadian advisors. Mutual fund, hedge fund or other investment fund companiesqualify. Advisors consider quality and range of products, performance, fees, service, education, community
investment, and management.

> Career Achievement Award: John W. Kellett
Kellett was honoured for his more than four decades of distinguished service in the investment industry. Currently with Scotia Asset Management L.P., he was a long-time employee of the RBC organization and a founding partner of what now is Royal Bank Investment Management. His award also reflects his many community service activities.

> Best Asian Equity Fund
Winner: Dynamic Far East Value, Dynamic Funds
Silver: BMO Guardian Asian Growth & Income, BMO Investments Inc.
Bronze: Fidelity Far East, Fidelity Investments Canada ULC

> Best Canadian Balanced Fund
Winner: TD Monthly Income, TD Mutual Funds
Silver: RBC Monthly Income, RBC Global Asset Management Inc.
Bronze: Dynamic Dividend Income, Dynamic Funds

> Best Canadian Dividend & Income Equity Fund
Winner: Dynamic Dividend, Dynamic Funds
Silver: CI Signature Dividend, CI Investments Inc.
Bronze: Bissett Canadian Dividend, Franklin Templeton Investments Corporation

> Best Canadian Equity Fund
Winner: Dynamic Value Fund of Canada, Dynamic Funds
Silver/Tie: Beutel Goodman Canadian Equity, Beutel Goodman & Company Ltd. and
Fidelity Canadian Disciplined Equity, Fidelity Investments Canada ULC

> Best Canadian Fixed Income Fund
Winner: TD Canadian Bond, TD Mutual Funds
Silver: PH&N Bond, Phillips, Hager & North Investment Management Ltd.
Bronze: Beutel Goodman Income, Beutel Goodman & Company Ltd.

> Best Canadian Small/Mid Cap Equity Fund
Winner: Dynamic Small Business, Dynamic Funds
Silver: Beutel Goodman Small Cap, Beutel Goodman & Company Ltd.
Bronze: BMO Guardian Enterprise, BMO Investments Inc.

> Best Emerging Markets Equity Fund
Winner: AGF Emerging Markets, AGF Funds Inc.
Silver: Brandes Emerging Markets Equity, Brandes Investment Partners & Company
Bronze: Desjardins Emerging Markets, Fédération des caisses Desjardins du Québec

> Best European Equity Fund
Winner: Mackenzie Ivy European, Mackenzie Financial Corporation
Silver: Invesco European Grown, Invesco Trimark Ltd.
Bronze: TD European Growth, TD Mutual Funds

> Best Global Balanced Fund
Winner: CI Signature High Income, CI Investments Inc.
Silver: Dynamic Value Balanced, Dynamic Funds
Bronze: Mawer Canadian Balanced RSP, Mawer Investment Management Ltd.

> Best Global Equity Fund
Winner: Dynamic Power Global Growth, Dynamic Funds
Silver: Hartford Global Leaders, Hartford Investments Canada Corporation
Bronze: Mackenzie Ivy Foreign Equity, Mackenzie Financial Corporation

> Best Global Fixed Income Fund
Winner: Templeton Global Bond, Franklin Templeton Investments Corporation
Silver: BMO Guardian Global Bond, BMO Investments Inc.
Bronze/Tie: Manulife Strategic Income, Manulife Mutual Funds and RBC Global Bond, RBC Global Asset
Management Inc.

> Best Global Small/Mid Cap Equity Fund
Winner: Mackenzie Cundill Recovery, Mackenzie Financial Corporation
Silver: Chou Associates, Chou Associates Management Inc.
Bronze: Templeton Global Smaller Companies, Franklin Templeton Investment Corporation

> Best Healthcare Equity Fund
Winner: TD Health Sciences, TD Mutual Funds
Silver: CI Global Health Sciences, CI Investments Inc.
Bronze: RBC Global Health Sciences, RBC Global Asset Management Inc.

> Best High Yield Fixed Income Fund
Winner: RBC Global High Yield, RBC Global Asset Management Inc.
Silver: Fidelity American High Yield, Fidelity Investments Canada Ltd.
Bronze: AGF Canadian High Yield Bond, AGF Funds Inc.

> Best International Equity Fund
Winner: Invesco International Growth, Invesco Trimark Ltd.
Silver: Renaissance International Equity, CIBC Asset Management Inc.
Bronze: Mackenzie Universal International Stock, Mackenzie Financial Corporation

> Best Natural Resources Equity Fund
Winner: Dynamic Focus+ Resource, Dynamic Funds
Silver: CI Signature Canadian Resource, CI Investments Inc.
Bronze: Front Street Special Opportunities, Front Street Capital

> Best Precious Metals Equity Fund
Winner: Sentry Precious Metals Growth, Sentry Select Capital Corporation
Silver: Dynamic Precious Metals, Dynamic Funds
Bronze: RBC Global Precious Metals, RBC Global Asset Management Inc.

> Best Science and Technology Equity Fund
Winner: CI Global Science & Technology, CI Investments Inc.
Silver: BMO Guardian Global Technology, BMO Investments Inc.
Bronze: Mackenzie Universal Technology, Mackenzie Financial Corporation

> Best US Equity Fund
Winner: Dynamic American Value, Dynamic Funds
Silver: Dynamic Power American Growth, Dynamic Funds
Bronze: CI American Value, CI Investments Inc.

> Best US Small/Mid Cap Equity Fund
Winner: Mackenzie Universal American Growth, Mackenzie Financial Corporation
Silver: Mackenzie Universal US Emerging Growth, Mackenzie Financial Corporation
Bronze: TD US Mid-Cap Growth, TD Mutual Funds

Pooled Fund Award Winners

> Best Canadian Balanced Pooled Fund
Winner: QV Canadian Balanced, QV Investors Inc.
Silver: Beutel Goodman Balanced, Beutel Goodman & Company Ltd.
Bronze: Fidelity Canadian Balanced, Fidelity Investments Canada Ltd.

> Best Canadian Equity Pooled Fund
Winner: Mawer Canadian Equity, Mawer Investment Management Ltd.
Silver: Goodman Canadian Equity Value, Goodman & Company Investment Counsel Ltd.
Bronze: Beutel Goodman Canadian Equity, Beutel Goodman & Company Ltd.

> Best Canadian Income Pooled Fund
Winner: Beutel Goodman Income, Beutel Goodman & Company Ltd.
Silver: Baker Gilmore Bond, Connor Clark & Lunn Financial Group
Bronze: PIMCO Canada Canadian CorePLUS Bond, PIMCO LLC

> Best Canadian Small/Mid Cap Pooled Fund
Winner: Beutel Goodman Small Cap, Beutel Goodman & Company Ltd.
Silver: Burgundy Canadian Small Cap, Burgundy Asset Management Ltd.
Bronze: CC&L Canadian Small Cap, Connor Clark & Lunn Financial Group

> Best Global Balanced Pooled Fund
Winner: Mawer Canadian Diversified Investment, Mawer Investment Management Ltd.
Silver: Burgundy Partners Balanced RSP, Burgundy Asset Management Ltd.
Bronze: Leith Wheeler Balanced, Leith Wheeler Investment Counsel Ltd.

> Best Global Equity Pooled Fund
Winner: Hexavest World, Hexavest Asset Management
Silver: Burgundy Partners Global, Burgundy Asset Management Ltd.
Bronze: Sprucegrove Global Equity, Sprucegrove Investment Management Ltd.

> Best International Equity Pooled Fund
Winner: Mawer World Investment, Mawer Investment Management Ltd.
Silver: Hexavest Europac, Hexavest Asset Management
Bronze: Burgundy EAFE, Burgundy Asset Management Ltd.

> Best US Equity Pooled Fund
Winner: Hexavest US, Hexavest Asset Management
Silver: Beutel Goodman American Equity, Beutel Goodman & Company Ltd.
Bronze: CI American Value, CI Investments Inc.

Hedge Fund Award Winners

> Best Multi-Strategy/Fund of Funds Hedge Fund
Winner: North Pole Multi-Strategy Class, Polar Securities Inc.
Silver: Spartan Multi-Strategy Fund, Spartan Fund Management Inc.

> Best Opportunistic Hedge Fund
Winner: PH&N Absolute Return, Phillips, Hager & North Investment Management Ltd.
Silver: Friedberg Global Macro Hedge Fund Ltd., Friedberg Mercantile Group Ltd.
Bronze: Di Tomasso Equilibrium Fund, Di Tomasso Group Inc.

> Best Relative Value Hedge Fund
Winner: Sentry Select Market Neutral LP, Sentry Select Investments Inc.
Silver: Picton Mahoney Market Neutral Equity, Picton Mahoney Asset Management
Bronze: Altairis Long/Short Class, Polar Securities Inc.

Submissions/Industry-based Awards

> Investor Education Award, sponsored by Investment Funds Institute of Canada (IFIC)
Winner: Your Retirement Briefcase, National Bank Financial Group
Silver: BMO Guardian Registered Disability Savings Plan, BMO Mutual Funds

> Best Marketing Campaign
Winner: “It’s time to get Dynamic,” Dynamic Funds
Silver: 300 Billion Reasons to Talk Russell Investments, Russell Investments Canada Ltd.
Bronze: Manulife Yield Opportunities Fund launch, Manulife Mutual Funds

> Best Use of Technology
Winner: IFDS Touch Screen Classification, International Financial Data Services – Canada
Silver: Qtrade MobileWeb, Qtrade Financial Group

> Best Discount Brokerage
Winner: Qtrade Financial Group
Silver: TD Waterhouse, TD Wealth Management
Bronze/Tie: Credential Direct and RBC Direct Investing

> Morningstar Best ETF Initiative
Winner: BMO Exchange Traded Funds Launch, BMO Asset Management Inc.
Silver: Horizons BetaPro S&P/TSX 60 ETF Launch, BetaPro Management Inc.

IE