Dynamic Funds expands suite of Dynamic Active ETFs
TORONTO, Oct. 24, 2023 /CNW/ - Dynamic Funds announces the expansion of its Active ETF lineup with the launch of four new ETFs. Dynamic Active Canadian Bond ETF (Ticker: DXBC), Dynamic Active Global Equity Income ETF (Ticker: DXGE), Dynamic Active U.S. Equity ETF (Ticker: DXUS) and Dynamic Active U.S. Investment Grade Corporate Bond ETF (Ticker: DXBU) will be listed on the Toronto Stock Exchange (TSX) today.
"Since the first Dynamic Active ETFs were launched more than five years ago, the suite has continued to grow and has attracted considerable assets," says Mark Brisley, Managing Director, Dynamic Funds. "These ETFs further expand the Dynamic Active ETF toolbox and provide our clients with more options to diversify their portfolios."
Dynamic Active Canadian Bond ETF (DXBC)
DXBC seeks to provide income while preserving capital through investment in an actively managed and diversified portfolio of primarily Canadian fixed income securities. This ETF will be managed by Derek Amery, Vice President and Senior Portfolio Manager, who has more than 20 years of investment industry experience with a focus on Canadian fixed income portfolio management.
Dynamic Active Global Equity Income ETF (DXGE)
DXGE seeks to provide income and long-term capital appreciation by investing primarily in equity securities globally that pay a dividend or distribution. This ETF will be managed by the Equity Income Team's Ryan Nicholl, Vice President and Portfolio Manager, Thomas Dicker, Vice President and Portfolio Manager, and Jason Gibbs, Vice President and Senior Portfolio Manager, who have more than 50 years of collective investment industry experience.
Dynamic Active U.S. Equity ETF (DXUS)
DXUS seeks to provide long-term capital appreciation by investing primarily in a broad range of U.S. equity securities. This ETF will be managed by Vishal Patel, Vice President and Portfolio Manager, who has more than 18 years of industry experience covering a broad range of companies across multiple industries.
Dynamic Active U.S. Investment Grade Corporate Bond ETF (DXBU)
DXBU seeks to provide income and long-term capital appreciation and invests primarily in U.S. dollar denominated investment grade corporate bonds. This ETF will be managed by Domenic Bellissimo, Vice President and Portfolio Manager and William Lytwynchuk, Portfolio Manager, who have 35 years of collective investment industry experience in fixed income.
To learn more about this and other Dynamic Funds, visit www.dynamic.ca/ETF.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments, including exchange-traded funds (ETFs). Please read the prospectus before investing. The securities held by an ETF can change at any time without notice. Mutual funds and ETFs are not guaranteed, their values change frequently, and past performance may not be repeated.
Dynamic Funds is a division of 1832 Asset Management L.P., which offers a range of wealth management solutions, including mutual funds, actively managed ETFs, and investment solutions for private clients, institutions and managed asset programs. 1832 Asset Management L.P. is a limited partnership, the general partner of which is wholly owned by Scotiabank. ® Dynamic Funds is a registered trademark of its owner, used under license.
Website: www.dynamic.ca | X (formerly Twitter): @DynamicFunds | LinkedIn: https://www.linkedin.com/company/dynamic-funds/
SOURCE Dynamic Funds
Customer Relations Centre, 1-800-268-8186, www.dynamic.ca; For media enquiries only: Alexandra Mathias, Global Wealth Management Communications, Scotiabank, 416-448-7044, [email protected]
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