1832 Asset Management L.P. Welcomes Portfolio Manager William McLeod and Announces Other Team Changes

TORONTO, Sept. 19, 2017 /CNW/ - 1832 Asset Management L.P., manager of Dynamic Funds, ScotiaFunds, and Scotia Private Pools, is pleased to announce that William McLeod has joined the firm as Vice-President & Portfolio Manager.  Mr. McLeod is an accomplished investment professional with a long track record of investing in the Canadian equity markets.  He has over 13 years of investment industry experience and was recently portfolio manager and Head of Canadian Equities for over $3 billion in client assets at a large global banking institution. 

"Bill McLeod is an outstanding addition to our investment organization and he is an ideal fit for the Equity Income Team and their philosophy," said Glen Gowland, Senior Vice-President & Head, Asset Management.  "His active and fundamentally driven investment process reinforces our ability to deliver superior, risk-adjusted results for investors."

The firm also announces that Cecilia Mo has made a personal decision to take a leave of absence effective today.  Don Simpson and Eric Mencke have assumed equity portfolio management responsibilities for the Canadian-focused mutual funds previously managed by Ms. Mo, including Dynamic Value Fund of Canada, Dynamic Canadian Value Class, Dynamic Dividend Advantage Fund, Dynamic Dividend Advantage Class, Dynamic Value Balanced Fund, and Dynamic Value Balanced Class.  Eric Benner, Tom Dicker, and Leanne Caravaggio have assumed equity portfolio management responsibilities for the U.S.-focused mutual funds previously managed by Ms. Mo, including Dynamic U.S. Dividend Advantage Fund and Dynamic U.S Monthly Income Fund.

About 1832 Asset Management L.P.
1832 Asset Management offers a range of wealth management solutions, including mutual funds, and investment solutions for private clients, institutional clients and managed asset programs.  1832 Asset Management is a limited partnership, the general partner of which is wholly owned by Scotiabank.

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.  www.dynamic.ca

About ScotiaFunds
ScotiaFunds, a division of 1832 Asset Management L.P., offers a range of wealth management solutions, including 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.

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 media enquiries only: Rick Roth, Global Communications, Scotiabank, [email protected]