Cover

THE HOT 100 FUNDS

January 29 2001
Cover

THE HOT 100 FUNDS

January 29 2001

Out of the more than 3,300 mutual funds in Canada, the 100 funds listed alphabetically below were judged the best in their respective categories based on the Morningstar rating system. This approach, used by Toronto-based Morningstar Research Inc., factors in the fund's performance, risk-adjusted return and potential for loss relative to the average for its category (fund type) over three-, five- and 10-year periods. The scores for each period are weighted to arrive at an overall score—essentially, a measure of quality. The top 10 per cent of funds within the category receive the Morningstar five-star rating. Maclean's Hot 100 list, based on the ratings on Dec. 31, 2000, excludes money-market funds and those restricted to certain groups of people.

Assets: amount, in millions, managed by fund. Return: percentage return to Dec. 31,2000. For the periods longer than one year, average annual compound return is shown. RRSP eligibility: indicates whether fund can be held in a registered retirement savings plan, including as foreign content. Volatility: a measure (known as standard deviation) based on the variation in monthly returns over a three-year period. A higher number indicates greater volatility. Best/worst 12 months: maximum percentage gain or loss in any 12-month period over the past 10 years, or less if fund has not existed that long. Availability: if not offered in all provinces. Management expense ratio: yearly percentage of assets that goes towards running fund. N/a: not applicable.