Toronto, November 6, 2026: LSEG Lipper has announced the winners of the acclaimed 2026 Canadian LSEG Lipper Fund Awards. These annual awards shine a spotlight on the asset management industry and recognize the funds that have consistently delivered strong risk-adjusted returns relative to their peers.
The merit of the winners is based on objective, quantitative criteria. The influential and prestigious LSEG Lipper Fund Awards are based on our Lipper Leaders Rating for Consistent Return. Individual classifications over three-, five-, and 10-year periods, as well as fund families with high average scores for the three-year period, are also recognized. The awards are based on LSEG Lipper’s proven proprietary methodology, which can be viewed here.
Otto Christian Kober, Head of LSEG Lipper Research comments:
“The 2026 LSEG Lipper Fund Awards mark another volatile three-year stretch for global markets. The managers we’re recognizing have guided investors through an environment in which base rates have spiked and then diverged, as central banks navigated new and challenging inflationary landscapes alongside uneven global growth and heightened geopolitical risk. Whether managers entered the market in the era of easy money or have navigated cycles for decades, the recent period made one thing plain: durable results come from a disciplined process, not prediction. We applaud the 2026 LSEG Lipper Fund Award winners for delivering outperformance and the steady reassurance of consistency through changing market conditions.”
The Best Asset Management Firms in Canada
On top of the individual classification awards, LSEG Lipper presents group awards across four categories: Bond, Equity, Mixed Assets and Overall.
For 2026, LSEG Lipper has introduced an updated recognition framework, replacing the former Canada and Canada ETF award universes with two distinct universes: Canada Active and Canada Passive. Both universes include mutual funds and ETFs, with funds classified according to their investment strategy rather than their legal structure. This evolution reflects the changing investment landscape and provides a more consistent framework for recognizing top-performing funds across the Canadian market.
The fund family with the lowest average decile rank across its eligible funds with a three-year Consistent Return score within each asset class and group is named the award winner. This process applies to both the Canada Active and Canada Passive universes. (View the complete list: Canada 2026 | LSEG Lipper Fund Awards | Find Winners).
The 2026 group awards recognize four asset management firms in the Canada Active universe and two in the Canada Passive universe, reflecting excellence across different investment strategies and asset classes.
In the Canada Active universe, IG Wealth Management took home the Overall group award, with 77 eligible funds in consideration. Dimensional was recognized with the Equity group award, with 10 eligible funds, while Guardian Capital received the Bond group award, with five eligible funds. NCM Asset Management rounded out the Canada Active winners, receiving the Mixed Assets group award with three eligible funds.
In the Canada Passive universe, BMO Global Asset Management received the Bond group award, with 20 eligible funds in consideration, while Vanguard took home the Equity group award, with seven eligible funds.
LSEG Lipper covers more than 380,000 share classes in more than 80 countries. The Lipper Leader ratings are available for mutual funds and ETFs registered for sale in 47 markets.
