TORONTO, Jan. 20, 2022 /CNW/ - Scotia Global Asset
Management announced today that the risk ratings for the following
funds will be lowered, effective today. These changes are
consistent with the investment risk classification methodology
required by the Canadian Securities Administrators (CSA). There is
no change to the investment objective or strategy of the funds
associated with their new risk ratings.
|
Fund
|
New risk
rating
|
Current risk
rating
|
|
1832 AM Canadian
Dividend LP
|
Low to
Medium
|
Medium
|
|
1832 AM Global
Completion LP
|
Low to
Medium
|
Medium to
High
|
|
1832 AM Global Low
Volatility Equity LP
|
Low to
Medium
|
Medium to
High
|
|
1832 AM International
Equity LP
|
Medium
|
Medium to
High
|
|
1832 AM Tactical
Asset Allocation LP
|
Low to
Medium
|
Medium
|
|
1832 AM Total Return
Bond LP
|
Low
|
Low to
Medium
|
|
1832 AM U.S. Dividend
Growers LP
|
Medium
|
Medium to
High
|
|
1832 AM U.S. Low
Volatility Equity LP
|
Low to
Medium
|
Medium to
High
|
A summary of the investment risk classification methodology,
investment objectives and strategies of the funds can be found in
the funds' simplified prospectus available at www.scotiafunds.com
or by contacting us at 1-800-268-9269.
Commissions, trailing commissions, management fees and expenses
all may be associated with mutual fund investments. Please read the
prospectus before investing. Mutual fund Investments are not
guaranteed; their values change frequently and past performance may
not be repeated.
About Scotia Global Asset Management
Scotia Global
Asset Management includes 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, ETFs, and
investment solutions for private clients, institutions and managed
asset programs.
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 approximately 90,000 employees and assets of
approximately $1.2 trillion (as at
October 31, 2021), Scotiabank trades
on the Toronto Stock Exchange (TSX: BNS) and New York Stock
Exchange (NYSE: BNS). For more information, please visit
http://www.scotiabank.com and follow us on Twitter
@ScotiabankViews.
SOURCE Scotiabank