By Scott Ronalds

Morningstar recently updated our Stewardship Grade for 2013. Once again, we scored an ‘A’, and were one of only three firms to receive the top grade.

Morningstar is a leading provider of independent investment research. They first introduced Stewardship Grades in Canada in 2010 (they’ve been published in the U.S. since 2004) as a means of capturing some of the intangibles associated with making an investment decision.

Stewardship Grades measure how closely the interests of fund companies are aligned with the interests of clients. Rather than look at past performance, they focus on qualitative measures including corporate culture and manager incentives. In Morningstar’s words, “The grades can help determine the difference between a great investment and one to avoid.”

We’re pleased to receive the top grade again this year, for the fourth year running. The full report and grades are available on Morningstar’s website (Note: Premium membership is required to view the Stewardship details).