TORONTO, Oct. 31,
2024 /CNW/ - Dynamic Funds expands its Active ETF
lineup with the launch of two fixed income ETFs – Dynamic Active
Bond ETF (DXBB) and Dynamic Active Corporate Bond ETF (DXCB) –
which will be listed on the Toronto Stock Exchange (TSX) today.
"It is a compelling time to invest in fixed income, and depth of
knowledge and nimbleness matter. Our two new, legitimately active
Bond ETFs will be managed by our Core Fixed Income Team who have
the flexibility and tools to respond to changing conditions," says
Mark Brisley, Managing Director,
Dynamic Funds.
Dynamic Active Bond ETF (DXBB)
DXBB seeks to provide income while preserving capital through
investment in an actively managed and diversified portfolio of
primarily North American government and corporate fixed income
securities. DXBB is lead managed by Derek
Amery, Vice President and Senior Portfolio Manager,
Domenic Bellissimo, Vice President
and Portfolio Manager, and Romas Budd, Vice President and Senior
Portfolio Manager. They are backed up by an additional 10 members
with a combined 200 years of industry experience on the Dynamic
Funds Core Fixed Income Team.
Dynamic Active Corporate Bond ETF (DXCB)
DXCB seeks to provide income and the potential for long-term
capital appreciation by investing in an actively managed and
diversified portfolio of primarily investment grade corporate fixed
income securities. DXCB is also lead managed by Derek Amery, Domenic
Bellissimo and Romas Budd and backed by the Dynamic Funds
Core Fixed Income Team.
DXBB and DXCB management fees are 0.30% and 0.35%,
respectively.
To learn more about this and other Dynamic Funds please visit
the Dynamic Funds website.
Commissions, trailing commissions, management fees and expenses
all may be associated with mutual fund investments, including ETFs.
Please read the prospectus before investing. Mutual funds and
ETFs are not guaranteed, their values change frequently, and past
performance may not be repeated.
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, actively managed ETFs, liquid alternative mutual funds and
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 The Bank of
Nova Scotia, used under license
by, and is a division of, 1832 Asset Management L.P.
© Copyright 2024 The Bank of Nova Scotia. All rights
reserved.
Website: www.dynamic.ca |X : @DynamicFunds |
LinkedIn:
https://www.linkedin.com/company/dynamic-funds/
SOURCE Dynamic Funds
