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Globefund 5-Star Ratings
Globe Investor is pleased to offer the Fund Star-Rating service, a simple rating for most mutual funds in Canada. Developed in conjunction with Algorithmics Inc, a fund's star rating will help you understand how well it has been doing relative to similar funds.

The ratings are available on your Fundlist by clicking on the yellow Short-term, Long-term or 5-Star Ratings tabs near the top of the table. You can also use our new Fund Lookup tool. Just use the options on the left to find the fund you're looking for and the star rating is shown beside each fund.

Funds are ranked from one to five stars, with the top-ranked funds getting five stars. While past performance does not guarantee future performance, our historical testing of this rating system has shown that, on average, top-rated funds have tended to outperform their peers over a six-month to two-year horizon. Read more about how the star-rating system works.

Our rating system provides a useful gauge of the funds we follow. However, we do not suggest that you use it as the single decision point for the suitability of a fund for your needs. Be sure to study all of the information you can gather on any fund before you invest.

You can use the Fund Filter to screen for funds based on their Star Rating, or use this handy listing of all funds that received the highest possible rating.

Globefund 5-Star Funds
as of July 16, 2018
Funds 1 to 50 from 1639 found

Sort by: 1 Yr Return (Click on a column heading to sort up or down)
Fund Name Globefund 5-Star Rating 1 Yr Return 2 Yr Return 3 Yr Return Asset Class Chart/Info
Resolute Performance Fund 5 stars 66.97 33.78 49.96 49.96 Chart    
Dynamic Power American Growth Cl T 5 stars 61.16 36.00 18.45 18.45 Chart    
Dynamic Power American Growth T 5 stars 61.00 35.77 18.51 18.51 Chart    
Dynamic Power American Growth F 5 stars 58.38 35.41 18.76 18.76 Chart    
Dynamic Power American Growth Cl F 5 stars 57.44 35.19 18.44 18.44 Chart    
Dynamic Power American Growth A 5 stars 56.62 33.91 17.42 17.42 Chart    
Dynamic Power American Growth Cl A 5 stars 55.76 33.69 17.13 17.13 Chart    
Dynamic Power American Gro Cl F USD 5 stars 55.50 34.45 16.40 16.40 Chart    
Dynamic Power American Growth A USD 5 stars 54.70 33.21 15.38 15.38 Chart    
Dynamic Power American Gro Cl A USD 5 stars 53.91 32.95 15.10 15.10 Chart    
Golden Opportunities Innov Cl IF 5 stars 44.86 26.13     Chart    
Dynamic Global Growth Opp - Sr F 5 stars 37.81 28.96 15.29 15.29 Chart    
Dynamic Global Growth Opp - Sr A 5 stars 36.87 28.34 14.50 14.50 Chart    
Golden Opportunities Innov Cl I 5 stars 35.00 18.73 13.02 13.02 Chart    
Redwood Equity Growth Cl F 5 stars 34.03 29.46 7.46 7.46 Chart    
Renaissance Glob Sci and Tech O 5 stars 33.39 31.01 21.70 21.70 Chart    
Redwood Equity Growth Cl A 5 stars 33.35 28.42 6.47 6.47 Chart    
BMO Global Energy Class F 5 stars 32.92 12.66 7.11 7.11 Chart    
Signature Glob Sci&Tech Cp Cl A 5 stars 32.47 36.46 20.68 20.68 Chart    
Tech Leaders Income ETF 5 stars 31.99 29.10 16.17 16.17 Chart    
iShares S&P/TSX GlBsMtls Idx ETF 5 stars 31.98 29.67 10.72 10.72 Chart    
Fidelity US Focused Stock Cl Sr P4 5 stars 31.73 22.83     Chart    
Dynamic Power Global Growth Cl T 5 stars 31.67 29.18 16.37 16.37 Chart    
Renaissance Glob Sci and Tech O USD 5 stars 31.58 29.88 19.64 19.64 Chart    
Fidelity US Focused Stock Cl Sr P3 5 stars 31.56 22.67     Chart    
Fidelity US Focused Stock Fd Sr P3 5 stars 31.53 22.71     Chart    
Fidelity US Focused Stock Cl Sr P2 5 stars 31.50 22.64     Chart    
Fidelity US Focused Stock Fd Sr P2 5 stars 31.48 22.59     Chart    
Renaissance Glob Sci and Tech F 5 stars 31.43 28.92 19.65 19.65 Chart    
Fidelity US Focused Stock Cl Sr P1 5 stars 31.38 22.51     Chart    
RBC Pv US Gr Equity Pool O 5 stars 31.36 22.89 16.43 16.43 Chart    
Fidelity US Focused Stock Fd Sr P1 5 stars 31.34 22.51     Chart    
Fidelity US Focused Stock Fund Sr F 5 stars 31.30 22.44 15.01 15.01 Chart    
Fidelity US Focused Stock Cl Sr F 5 stars 31.29 22.42 14.99 14.99 Chart    
Peregrine Investment Mgmt L.P. 5 stars 31.18 24.63 10.15 10.15 Chart    
BMO Global Energy Class - Advisor 5 stars 31.15 11.16 5.70 5.70 Chart    
BMO Global Energy Class Series A 5 stars 31.14 11.15 5.68 5.68 Chart    
Manulife Dividend Inc Pl Cl Sr IT 5 stars 30.63 21.68 14.38 14.38 Chart    
Fidelity US Focused Stock Fd Sr E4 5 stars 30.32 21.51     Chart    
Fidelity US Focused Stock Cl Sr E4 5 stars 30.26 21.51     Chart    
CIBC Global Technology Class A 5 stars 30.14 27.69 18.35 18.35 Chart    
Fidelity US Focused Stock Fd Sr E3 5 stars 30.13 21.40     Chart    
DMP Power Global Growth Cl-Sr F 5 stars 30.06 28.90 16.50 16.50 Chart    
Fidelity US Focused Stock Cl Sr E3 5 stars 30.01 21.22     Chart    
Fidelity US Focused Stk Cl Sr E2T5 5 stars 30.00 21.28     Chart    
Fidelity US Focused Stock Cl Sr E2 5 stars 30.00 21.21     Chart    
Fidelity US Focused Stock Fd Sr E2 5 stars 29.98 21.21     Chart    
Fidelity US Focused Stock Fd Sr E1 5 stars 29.94 21.15     Chart    
RBC Pv US Gr Equity Pool F 5 stars 29.92 21.54 15.15 15.15 Chart    
Fidelity US Focused Stock Cl Sr E1 5 stars 29.90 21.11     Chart    
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Methodology provided by Algorithmics Inc.

How It Works

Funds are ranked against their peers based on IFSC fund category. You can read more about a fund category by using the Fund Lookup Tool. Choose a Fund Category on the left and a description of each category will be shown with your results.

Mutual funds and segregated funds, which offer a guaranteed rate of return at maturity, are rated independently. As well, funds that focus on a unique strategy that is not comparable to other funds in a category are not rated. The IFSC calls these the miscellaneous fund category.

Funds often offer different series, corporate classes and foreign-currency versions. All of these variations share the same rating as the core fund. To qualify for a rating the core fund must be at least two-years old and there must be at least six core funds in the fund category for any of the funds in that category to receive a rating.

Funds compete with each other in terms of the best score and hence the best rating. A fund's score is a combination of return and regret and is determined as follows.

On a monthly basis, for each fund, we compute month-by-month returns and subtract from these the return of the 90-day Government of Canada Treasury bill to get what is known as the risk-free return for each month. If this result is positive for any one month, it contributes to the fund's return. If it is negative, it contributes to the fund's regret.

We then use an averaging method across each of these returns and regrets, with increasing weight on the most recent data, to derive a final measure for return and regret for each fund. The final score for a fund is then computed as the return score minus an adjusted regret score, where the adjustment factor for the regret component is unique for each fund category.

Using the final scores for each of the core funds in an asset class, we rank them and then allocate a star rating for each. The top 10 per cent of funds receive a five-star rating, the next 22.5 per cent a four-star rating, the middle 35 per cent a three-star rating, the next 22.5 per cent a two-star rating and the bottom 10 percent of funds a one-star rating.

The Fund Star-Rating service uses many of the elements of the Mark-to-Future methodology pioneered by Algorithmics Inc. They were founded in 1989 in response to the complex issues surrounding financial risk management for the enterprise. Today, as the leading provider with the largest and most experienced team in the industry, Algorithmics continues to focus its efforts on creating and implementing enterprise risk management software that meets the evolving needs of its customers. Continuing its tradition of leading the way in risk measurement and management tools and processes, Algorithmics recently introduced Mark-To-Future, an open and comprehensive framework for measuring risk and reward. Headquartered in Toronto, with 14 offices around the world, Algorithmics serves more than 90 global financial institutions with 140 installations worldwide.

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