TORONTO, Jan. 22, 2021 /CNW/ - Scotia Global Asset
Management's investment teams were recognized with 41 awards at the
annual FundGrade A+ Awards. These awards are presented by Fundata
Canada Inc. to investment funds and their managers who have shown
consistent, outstanding, risk-adjusted performance throughout the
previous calendar year.
"We are incredibly honoured to receive these mutual fund and ETF
awards and to be recognized for the consistently exceptional
results our investment teams achieved across our business," said
Neal Kerr, Head, Scotia Global Asset
Management (Canada). "Scotia
Global Asset Management's purpose – to enrich our clients'
financial futures with outstanding investment solutions, delivered
in partnership with comprehensive wealth advice – was more
important than ever last year, and we are pleased to have delivered
for clients across our multiple investment platforms."
Scotia Global Asset Management's award-winning funds for 2020
are:
FundGrade A+
Winner
|
CIFSC
category
|
FundGrade
calculation date
|
Number of funds in
the category
|
Mutual
funds
|
|
|
|
Dynamic Asia Pacific
Equity Fund
|
Asia Pacific
Equity
|
1/31/2011
|
52
|
Dynamic Asset
Allocation Private Pool
|
Tactical
Balanced
|
1/31/2016
|
188
|
Dynamic Blue Chip
Balanced Fund
|
Global Neutral
Balanced
|
1/31/2011
|
949
|
Dynamic Conservative
Yield Private Pool
|
Global Fixed Income
Balanced
|
1/31/2016
|
436
|
Dynamic Dividend
Fund
|
Canadian Dividend
& Income Equity
|
1/31/2011
|
327
|
Dynamic Equity Income
Fund
|
Canadian Dividend
& Income Equity
|
1/31/2011
|
327
|
Dynamic Financial
Services Fund
|
Financial Services
Equity
|
1/31/2011
|
57
|
Dynamic Global Asset
Allocation Fund
|
Global Equity
Balanced
|
1/31/2011
|
751
|
Dynamic Global
Balanced Fund
|
Global Neutral
Balanced
|
1/31/2014
|
949
|
Dynamic Global
Discovery Fund
|
Global
Equity
|
1/31/2011
|
1223
|
Dynamic Global
Dividend Fund
|
Global
Equity
|
1/31/2011
|
1223
|
Dynamic Global Equity
Private Pool Class
|
Global
Equity
|
1/31/2016
|
1223
|
Dynamic Global
Infrastructure Fund
|
Global Infrastructure
Equity
|
1/31/2011
|
60
|
Dynamic Global Real
Estate Fund
|
Real Estate
Equity
|
1/31/2011
|
77
|
Dynamic Global Yield
Private Pool
|
Global Neutral
Balanced
|
1/31/2016
|
949
|
Dynamic International
Dividend Private Pool
|
International
Equity
|
1/31/2017
|
391
|
Dynamic Power
American Growth Fund
|
U.S.
Equity
|
1/31/2011
|
888
|
Dynamic Power Global
Balanced Class
|
Global Neutral
Balanced
|
1/31/2011
|
949
|
Dynamic Power Global
Navigator Class
|
Global
Equity
|
1/31/2011
|
1223
|
Dynamic Precious
Metals Fund
|
Precious Metals
Equity
|
1/31/2011
|
40
|
Dynamic Strategic
Resource Class
|
Natural Resources
Equity
|
1/31/2012
|
86
|
Dynamic Tactical Bond
Private Pool
|
Canadian Fixed
Income
|
1/31/2016
|
315
|
Dynamic U.S. Balanced
Class
|
Global Equity
Balanced
|
1/31/2012
|
751
|
Dynamic U.S. Equity
Private Pool Class
|
U.S.
Equity
|
1/31/2016
|
888
|
DynamicEdge Balanced
Growth Portfolio
|
Global Equity
Balanced
|
1/31/2011
|
751
|
DynamicEdge Balanced
Portfolio
|
Global Neutral
Balanced
|
1/31/2011
|
949
|
DynamicEdge
Conservative Class Portfolio
|
Global Fixed Income
Balanced
|
1/31/2013
|
436
|
DynamicEdge Defensive
Portfolio
|
Canadian Fixed Income
Balanced
|
1/31/2013
|
365
|
DynamicEdge Growth
Portfolio
|
Global Equity
Balanced
|
1/31/2011
|
751
|
Marquis Balanced
Class Portfolio
|
Global Neutral
Balanced
|
1/31/2013
|
949
|
Marquis Institutional
Growth Portfolio
|
Global Equity
Balanced
|
1/31/2011
|
751
|
Scotia Canadian
Dividend Fund
|
Canadian Dividend
& Income Equity
|
1/31/2011
|
327
|
Scotia Diversified
Balanced Fund*
|
Tactical
Balanced
|
1/31/2011
|
188
|
Scotia Global Growth
Fund
|
Global
Equity
|
1/31/2011
|
1223
|
Scotia Nasdaq Index
Fund
|
U.S.
Equity
|
1/31/2011
|
888
|
Scotia Resource
Fund
|
Natural Resources
Equity
|
1/31/2011
|
86
|
Active
ETFs**
|
|
|
|
Dynamic Active
Canadian Dividend ETF (DXC)
|
Canadian Dividend
& Income Equity
|
1/31/2018
|
327
|
Dynamic Active
Crossover Bond ETF (DXO)
|
High Yield Fixed
Income
|
1/31/2018
|
254
|
Dynamic Active Global
Dividend ETF (DXG)
|
Global
Equity
|
1/31/2018
|
1223
|
Dynamic Active Global
Financial Services ETF (DXF)
|
Financial Services
Equity
|
1/31/2018
|
57
|
Dynamic Active U.S.
Dividend ETF (DXU)
|
U.S.
Equity
|
1/31/2018
|
888
|
*Scotia Diversified Balanced Fund is sub-advised by Connor,
Clark & Lunn Investment Management.
** Dynamic Active ETFs (the Funds, or individually, the Fund)
are managed by BlackRock Asset Management Canada Limited and invest
in selected mutual funds managed by 1832 Asset Management L.P. (the
Dynamic Fund(s)).
About Scotia Global Asset Management
Scotia Global
Asset Management is a business name used by 1832 Asset Management
L.P., a limited partnership, the general partner of which is wholly
owned by Scotiabank. Scotia Global Asset Management offers a range
of wealth management solutions, including mutual funds, and
investment solutions for private clients, institutional clients and
managed asset programs.
About 1832 Asset Management L.P.
1832 Asset Management
offers a range of wealth management solutions, including mutual
funds, and investment solutions for private clients, institutional
clients and managed asset programs. 1832 Asset Management is a
limited partnership, the general partner of which is wholly owned
by Scotiabank.
About Scotiabank
Scotiabank is a leading bank in the
Americas. Guided by our purpose: "for every future", we help our
customers, their families and their communities achieve success
through a broad range of advice, products and services, including
personal and commercial banking, wealth management and private
banking, corporate and investment banking, and capital markets.
With a team of over 90,000 employees and assets of approximately
$1.1 trillion (as at October 31, 2020), Scotiabank trades on the
Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange
(NYSE: BNS). For more information, please visit
https://www.scotiabank.com and follow us on Twitter
@ScotiabankViews.
About the Fundata FundGrade
A+® Awards
FundGrade A+® is
used with permission from Fundata Canada Inc., all rights reserved.
The annual FundGrade A+® Awards are presented by
Fundata Canada Inc. to recognize the "best of the best" among
Canadian investment funds. The FundGrade
A+® calculation is supplemental to the monthly
FundGrade ratings and is calculated at the end of each calendar
year. The FundGrade rating system evaluates funds based on their
risk-adjusted performance, measured by Sharpe Ratio, Sortino Ratio,
and Information Ratio. The score for each ratio is calculated
individually, covering all time periods from 2 to 10 years. The
scores are then weighted equally in calculating a monthly
FundGrade. The top 10% of funds earn an A Grade; the next 20% of
funds earn a B Grade; the next 40% of funds earn a C Grade; the
next 20% of funds receive a D Grade; and the lowest 10% of funds
receive an E Grade. To be eligible, a fund must have received a
FundGrade rating every month in the previous year. The FundGrade
A+® uses a GPA-style calculation, where each
monthly FundGrade from "A" to "E" receives a score from 4 to 0,
respectively. A fund's average score for the year determines its
GPA. Any fund with a GPA of 3.5 or greater is awarded a FundGrade
A+® Award. For more information, see
www.FundGradeAwards.com. Although Fundata makes every effort to
ensure the accuracy and reliability of the data contained herein,
the accuracy is not guaranteed by Fundata.
For standard performance data of the funds listed above, click
here. Commissions, trailing commissions, management fees and
expenses all may be associated with investments in the funds and
ETFs. Please read the prospectus before investing. The securities
held by the ETFs can change at any time without notice. Investments
in the funds and ETFs are not guaranteed; their values change
frequently and past performance may not be repeated.
SOURCE Scotiabank