TORONTO, April 27, 2018 /CNW/ - Dynamic Funds today announced fee reductions on Dynamic Global Equity Private Pool Class (the "Pool"). Effective May 1, 2018, the Pool's management fee will be lowered by 5 basis points to 75 basis points and its fixed administration fee will be lowered by 5 basis points to 15 basis points on Series F, FH, and I.
The Dynamic Private Investment Pools lineup is comprised of 16 investment solutions specifically designed for fee-based platforms and advisors licensed as portfolio managers. Every Pool is actively managed and is designed to be diversified yet optimized for the complementary investment styles of each portfolio manager.
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], 416-448-7044