TORONTO, Feb. 15, 2018 /CNW/ - Dynamic Funds today announced fee reductions on Dynamic Alternative Investments Private Pool Class (the "Pool"). Effective February 16, 2018, the Pool's fixed administration fee on Series F, FH, and FT will be lowered by 5 basis points to 15 basis points. Additionally, the Pool's performance fee will be eliminated, including any performance fee payable for the current year.
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, Canadian Banking Communications, Scotiabank, [email protected], 416-933-8802