TORONTO, Oct. 16, 2017 /CNW/ - Dynamic Funds announced today that the risk ratings of the funds listed below will change effective on or about November 17, 2017. These changes result from the implementation of the new Risk Classification Methodology recently mandated by the Canadian Securities Administrators (CSA).
There are no changes to the investment objectives or strategies of these funds associated with their new risk ratings.
Funds with Lower Risk Rating
| Fund |
New Risk Rating (effective on or about |
Current Risk Rating |
| Dynamic Alternative Investments Private Pool Class |
Low-to-Medium |
Medium |
| Dynamic Alternative Yield Class |
Low-to-Medium |
Medium |
| Dynamic Alternative Yield Fund |
Low-to-Medium |
Medium |
| Dynamic Dividend Income Class |
Low |
Low-to-Medium |
| Dynamic Equity Income Fund |
Low-to-Medium |
Medium |
| Dynamic Global Infrastructure Class |
Low-to-Medium |
Medium |
| Dynamic Global Infrastructure Fund |
Low-to-Medium |
Medium |
| Dynamic Premium Yield Class |
Low-to-Medium |
Medium |
| Dynamic Premium Yield Fund |
Low-to-Medium |
Medium |
| Dynamic Small Business Fund |
Low-to-Medium |
Medium |
| Dynamic Strategic Yield Fund |
Low |
Low-to-Medium |
| Marquis Balanced Income Portfolio |
Low |
Low-to-Medium |
Funds with Higher Risk Rating
| Fund |
New Risk Rating (effective on or about |
Current Risk Rating |
| Dynamic Canadian Dividend Fund |
Medium |
Low-to-Medium |
| Dynamic Dividend Advantage Class |
Medium |
Low-to-Medium |
| Dynamic Dividend Advantage Fund |
Medium |
Low-to-Medium |
| Dynamic Energy Income Fund |
Medium-to-High |
Medium |
| Dynamic European Value Fund |
Medium-to-High |
Medium |
| Dynamic Global Dividend Fund |
Medium |
Low-to-Medium |
| Dynamic Global Value Fund |
Medium-to-High |
Medium |
| Dynamic Power American Growth Class |
Medium-to-High |
Medium |
| Dynamic Power American Growth Fund1 |
Medium-to-High |
Medium |
| Dynamic Power Canadian Growth Fund |
Medium-to-High |
Medium |
| Dynamic Power Global Balanced Class |
Medium |
Low-to-Medium |
| Dynamic Power Global Growth Class |
High |
Medium |
| Dynamic Power Global Growth Fund Series O |
High |
Medium |
| Dynamic Power Global Navigator Class |
Medium-to-High |
Medium |
| Dynamic Strategic Gold Class |
High |
Medium to High |
| Dynamic Strategic Resource Class |
High |
Medium |
| Dynamic U.S. Dividend Advantage Fund |
Medium |
Low-to-Medium |
| Dynamic U.S. Sector Focus Class |
Medium |
Low-to-Medium |
| DMP Power Global Growth Class |
High |
Medium |
1 Excludes Series N securities
A summary of the CSA's Risk Classification Methodology and the investment objectives and strategies of the funds can be found in the applicable Dynamic Funds simplified prospectus available at www.dynamic.ca or by contacting our Customer Relations Centre at 1-800-268-8186.
About Dynamic Funds
Dynamic Funds is a division of 1832 Asset Management L.P., which offers a range of wealth management solutions, including mutual funds, investment solutions for private clients, institutional clients 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.
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.
SOURCE Dynamic Funds
For further information: Customer Relations Centre, 1-800-268-8186, www.dynamic.ca; For media enquiries only: Contact for Media: Rick Roth, Global Communications, Scotiabank, Rick.Roth@scotiabank.com
Organization Profile
Dynamic Funds is a division of GCIC Ltd., which is a subsidiary of DundeeWealth Inc. GCIC Ltd. offers a wide range of wealth management solutions through financial advisors. These include the mutual funds and hedge funds of Dynamic Funds, the portfolio solutions of the Marquis Investment Program and the high net worth investment counsel of DundeeWealth Investment Counsel. DundeeWealth Inc. is a...
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