TORONTO, May 27, 2021 /CNW/ - Scotia Global Asset
Management (Scotia GAM) today announced the names of select Scotia
Private Pools are changing to Scotia Wealth Pools. Scotia GAM also
announced changes to the reference index for three ScotiaFunds. The
investment objectives and other aspects of all the affected Pools
and Funds will remain the same.
Fund name changes
Effective May 21, 2021, the names
of 38 ScotiaFunds and Scotia Private Pools were changed as listed
below:
|
Current Fund
Name
|
New Fund
Name
|
1
|
Scotia Emerging
Markets Equity Fund
|
1832 AM Emerging
Markets Equity Pool
|
2
|
Scotia Private
American Core-Plus Bond Pool
|
Scotia Wealth
American Core-Plus Bond Pool
|
3
|
Scotia Private
Canadian All Cap Equity Pool
|
1832 AM Canadian All
Cap Equity Pool
|
4
|
Scotia Private
Canadian Core Bond Pool
|
Scotia Wealth
Canadian Core Bond Pool
|
5
|
Scotia Private
Canadian Corporate Bond Pool
|
Scotia Wealth
Canadian Corporate Bond Pool
|
6
|
Scotia Private
Canadian Equity Pool
|
Scotia Wealth
Canadian Equity Pool
|
7
|
Scotia Private
Canadian Growth Pool
|
Scotia Wealth
Canadian Growth Pool
|
8
|
Scotia Private
Canadian Mid Cap Pool
|
Scotia Wealth
Canadian Mid Cap Pool
|
9
|
Scotia Private
Canadian Preferred Share Pool
|
Scotia Wealth
Canadian Preferred Share Pool
|
10
|
Scotia Private
Canadian Small Cap Pool
|
Scotia Wealth
Canadian Small Cap Pool
|
11
|
Scotia Private
Canadian Value Pool
|
Scotia Wealth
Canadian Value Pool
|
12
|
Scotia Private
Emerging Markets Pool
|
Scotia Wealth
Emerging Markets Pool
|
13
|
Scotia Private
Floating Rate Income Pool
|
Scotia Wealth
Floating Rate Income Pool
|
14
|
Scotia Private
Fundamental Canadian Equity Pool
|
1832 AM Fundamental
Canadian Equity Pool
|
15
|
Scotia Private Global
Credit Pool
|
1832 AM Global Credit
Pool
|
16
|
Scotia Private Global
Equity Pool
|
Scotia Wealth Global
Equity Pool
|
17
|
Scotia Private Global
High Yield Pool
|
Scotia Wealth Global
High Yield Pool
|
18
|
Scotia Private Global
Infrastructure Pool
|
Scotia Wealth Global
Infrastructure Pool
|
19
|
Scotia Private Global
Real Estate Pool
|
Scotia Wealth Global
Real Estate Pool
|
20
|
Scotia Private High
Yield Bond Pool
|
Scotia Wealth High
Yield Bond Pool
|
21
|
Scotia Private High
Yield Income Pool
|
Scotia Wealth High
Yield Income Pool
|
22
|
Scotia Private Income
Pool
|
Scotia Wealth Income
Pool
|
23
|
Scotia Private
International Core Equity Pool
|
Scotia Wealth
International Core Equity Pool
|
24
|
Scotia Private
International Equity Pool
|
Scotia Wealth
International Equity Pool
|
25
|
Scotia Private
International Growth Equity Pool
|
1832 AM International
Growth Equity Pool
|
26
|
Scotia Private
International Small to Mid Cap Value Pool
|
Scotia Wealth
International Small to Mid Cap Value Pool
|
27
|
Scotia Private North
American Dividend Pool
|
Scotia Wealth North
American Dividend Pool
|
28
|
Scotia Private
Premium Payout Pool
|
Scotia Wealth Premium
Payout Pool
|
29
|
Scotia Private Real
Estate Income Pool
|
Scotia Wealth Real
Estate Income Pool
|
30
|
Scotia Private Short
Term Bond Pool
|
Scotia Wealth Short
Term Bond Pool
|
31
|
Scotia Private
Short-Mid Government Bond Pool
|
Scotia Wealth
Short-Mid Government Bond Pool
|
32
|
Scotia Private
Strategic Balanced Pool
|
Scotia Wealth
Strategic Balanced Pool
|
33
|
Scotia Private Total
Return Bond Pool
|
Scotia Wealth Total
Return Bond Pool
|
34
|
Scotia Private U.S.
Dividend Pool
|
Scotia Wealth U.S.
Dividend Pool
|
35
|
Scotia Private U.S.
Large Cap Growth Pool
|
Scotia Wealth U.S.
Large Cap Growth Pool
|
36
|
Scotia Private U.S.
Mid Cap Value Pool
|
Scotia Wealth U.S.
Mid Cap Value Pool
|
37
|
Scotia Private U.S.
Value Pool
|
Scotia Wealth U.S.
Value Pool
|
38
|
Scotia Private World
Infrastructure Pool
|
Scotia Wealth World
Infrastructure Pool
|
Index changes
Effective May 21, 2021, the
reference indices of three ScotiaFunds were changed to the
following:
Fund
name
|
New reference
index
|
Scotia Canadian Bond
Index Fund
|
Solactive Broad
Canadian Bond Universe Liquid ex MPL TR Index
|
Scotia Canadian
Equity Index Fund
|
Solactive Canada
Broad Market Index
|
Scotia U.S. Equity
Index Fund
|
Solactive GBS United
States 500 CAD Index
|
These ScotiaFunds aim to track the performance of their relevant
reference index as closely as possible. In all other respects, the
Funds' investment objectives, investment strategies, risk factors
and fees remain the same. The Funds will seek to provide investors
with substantially the same exposure to the asset class to which
they were previously exposed and the frequency of rebalancing for
the Funds remains the same.
For further information on ScotiaFunds, please visit
scotiafunds.com.
Commissions, trailing commissions, management fees and expenses
all may be associated with investments in the funds. Please read
the prospectus before investing. Investments in the funds are not
guaranteed; their values change frequently and past performance may
not be repeated.
About Solactive
Solactive is a leading provider of indexing, benchmarking, and
calculation solutions for the global investment and trading
community. As at April 2020,
Solactive served approximately 450 clients across the world, with
approximately US$200 billion invested
in products linked to our indices. Solactive is registered with
ESMA as a benchmark administrator and is supervised by the
BaFin.
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 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
approximately 90,000 employees and assets of
approximately $1.2 trillion (as at January 31,
2021), Scotiabank trades on the Toronto Stock Exchange
(TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more
information, please visit http://www.scotiabank.com and
follow us on Twitter @ScotiabankViews.
SOURCE Scotiabank