TORONTO, Nov. 17,
2022 /CNW/ - Scotia Global Asset Management is
pleased to announce it has been recognized with a 2022
Refinitiv Lipper ETF Group Award for Best Bond Group over
three years under the Dynamic Funds brand.
In addition, Scotia Global Asset Management's investment teams
also received recognition by Refinitiv Lipper with 7 individual
mutual fund and ETF awards across 6 categories. These awards are
granted to investment solutions "that have excelled in delivering
consistently strong risk-adjusted performance relative to their
peers," according to Refinitiv Lipper, which Scotia Global Asset
Management delivers to its clients across its multiple investment
platforms.
"We are honoured to be recognized at the Refinitiv Lipper Fund
Awards, particularly during this challenging year," said
Neal Kerr, Head, Scotia Global Asset
Management. "Congratulations to our investment teams for delivering
these outstanding results across our ScotiaFunds and Dynamic Funds
brands."
The Lipper Award for Best Bond ETF Group for the three-year
period ending July 31, 2022, was
based on risk-adjusted performance for the following Dynamic Active
ETFs: Dynamic Active Crossover Bond ETF, Dynamic Active Investment
Grade Floating Rate ETF and Dynamic Active Tactical Bond ETF.
The winning individual Funds and ETFs for the following periods
ending July 31, 2022, are:
Mutual Fund/ETF
name
|
Category
|
Period
recognized
|
Fund
count
|
Dynamic Active
Crossover Bond ETF
|
High Yield Fixed
Income
|
5 years
|
10
|
Dynamic Precious Metals
Fund
|
Precious Metals
Equity
|
3 years
|
12
|
Dynamic Precious Metals
Fund
|
Precious Metals
Equity
|
5 years
|
12
|
Dynamic U.S. Balanced
Class
|
Global Equity
Balanced
|
5 years
|
148
|
Scotia Canadian Small
Cap Fund
|
Canadian Small/Mid Cap
Equity
|
5 years
|
31
|
Scotia Diversified
Balanced Fund*
|
Tactical
Balanced
|
10 years
|
18
|
Scotia Nasdaq Index
Fund**
|
U.S. Equity
|
10 years
|
95
|
*Scotia Diversified Balanced Fund is sub-advised by Connor,
Clark & Lunn Investment Management Ltd.
**Scotia Nasdaq Index Fund is sub-advised by State Street Global
Advisors, Limited.
For standard performance data and information about the Lipper
Leader ratings of the funds listed above, please visit the Dynamic
Funds and ScotiaFunds sites.
About Scotia Global Asset
Management
Scotia Global Asset Management includes 1832 Asset Management
L.P., a limited partnership, the general partner of which is wholly
owned by Scotiabank. 1832 Asset Management L.P. is the investment
fund manager of ScotiaFunds® and Dynamic
Funds. Scotia Global Asset Management offers a range of
wealth management solutions, including mutual funds, ETFs, and
investment solutions for private clients, institutions, 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 over 90,000
employees and assets of approximately $1.3
trillion (as at July 31,
2022), 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.
About the Refinitiv Lipper
Fund Awards
The Refinitiv Lipper Fund Awards, granted annually, highlight
funds and fund companies that have excelled in delivering
consistently strong risk-adjusted performance relative to their
peers. The Refinitiv Lipper Fund Awards are based on the Lipper
Leader for Consistent Return rating, which is a risk-adjusted
performance measure calculated over 36, 60 and 120 months. The fund
with the highest Lipper Leader for Consistent Return (Effective
Return) value in each eligible classification wins the Refinitiv
Lipper Fund Award. For more information, see
lipperfundawards.com. Although Refinitiv Lipper makes
reasonable efforts to ensure the accuracy and reliability of the
data contained herein, the accuracy is not guaranteed by Refinitiv
Lipper.
Commissions, trailing commissions, management fees and expenses
all may be associated with mutual fund investments, including ETFs.
Please read the prospectus before investing. Mutual funds and
ETFs are not guaranteed, their values change frequently, and past
performance may not be repeated.
SOURCE Scotiabank