TORONTO, Dec. 22, 2017 /CNW/ - Dynamic Funds announces that the risk rating for Dynamic Strategic Yield Fund (the "Fund") has changed to Low-to-Medium. The change is a correction to the previously announced risk rating of Low. The risk rating of the Fund is calculated in accordance with the risk classification methodology recently mandated by the Canadian Securities Administrators.
There is no change to the investment objectives or strategies of the Fund as a result of this update.
| Fund |
New Risk Rating (effective December 22, 2017) |
Previous Risk Rating |
| Dynamic Strategic Yield Fund |
Low-to-Medium |
Low |
A summary of the risk classification methodology and the investment objectives and strategies of the Fund can be found in the 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: Alexandra Mathias, Global Communications, Scotiabank, [email protected], 416-933-8802
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