Scotia Global Asset Management honoured to receive 41 awards at 2020 FundGrade A+® Awards

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

For media enquiries: Alexandra Mathias, Global Wealth Management Communications, [email protected], 416-448-7044