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Saxon funds selected for Morningstar Fund Analyst Picks list
Saxon Stock Fund, Saxon Small Cap and Saxon World Growth TORONTO, Nov. 28 /CNW/ - Saxon Financial...
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[{"type":"text","content":"\n\n\n\nSaxon Stock Fund, Saxon Small Cap and Saxon World Growth\n\n\nTORONTO, Nov. 28 /CNW/ - Saxon Financial Inc. (TSX: SFI) announced that\nthree of its funds - Saxon Small Cap, Saxon Stock Fund, and Saxon World Growth\n- are currently designated as Morningstar Fund Analyst Picks. Saxon funds\nqualified for the select Morningstar's inaugural list in recognition of\nmanagement's strong long-term track record, a sound investment strategy, fair\npricing and stewardship.\n\n\n"It is a notable achievement that one third of Saxon's mutual fund family\nqualify for Morningstar's current list," said Allan Smith, President and CEO\nof Saxon Financial. "It's a testament to the consistency of our value\ninvestment style applied for the past years," he added.\n\n\n"The Morningstar Fund Analyst Picks represent the culmination of\neverything we do here at Morningstar. We utilize the data, tools, and\nanalytics we're known for as a foundation for the qualitative analysis we\nconduct to come up with a list of our favourite funds. The Fund Analyst Pick\ndesignation is the highest honour we can bestow on a fund," said David\nO'Leary, Manager of Fund Analysis at Morningstar.\n\n\n"The Fund Analyst Pick designation reflects our analysis of the\n'fundamentals' to identify future winners, including the experience of a\nfund's management team, the quality of the investment strategy, fees and\nstewardship," according to Morningstar.\n\n\nAs a major component of its stewardship due diligence, Morningstar\nanalysts visit fund companies to look at regulatory issues, manager\nincentives, fees and corporate culture in an effort to identify\nunitholder-friendly fund companies.\n\n\n"We take great pride in Morningstar's recognition of our reputation for\nfair dealing and integrity by putting unitholders' interests first," said Mr.\nSmith.\n\n\nAbout Saxon Financial Inc. (www.saxonfinancial.ca)\n\n\nSaxon Financial Inc. is one of Canada's most respected value-style\ninvestment management firms. The Company has three principal lines of\nbusiness: Saxon Funds Management Limited, which manages a family of\nhigh-performing mutual funds; Howson Tattersall Investment Counsel Limited, an\ninstitutional asset management business; and Howson Tattersall Private Asset\nManagement Inc., a private-client asset management ...