TORONTO, Nov. 23, 2021 /CNW/ - Dynamic Funds announced today that the risk rating for the following funds will be changing, effective on or about November 23, 2021. These changes are in accordance with the Risk Classification Methodology mandated 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 |
Dynamic Canadian Equity Private Pool Class |
Low to Medium |
Medium |
Dynamic Canadian Value Class |
Low to Medium |
Medium |
Dynamic Diversified Real Asset Fund |
Low to Medium |
Medium |
Dynamic European Equity Fund |
Medium |
Medium to high |
Dynamic Global Real Estate Fund |
Medium |
Low to Medium |
Dynamic International Dividend Private Pool |
Low to Medium |
Medium |
Dynamic Power American Growth Class |
High |
Medium to high |
Dynamic Power American Growth Fund* |
High |
Medium to high |
Dynamic Preferred Yield Class |
Medium |
Low to Medium |
Dynamic Strategic Resource Class |
Medium to high |
High |
Dynamic Value Fund of Canada |
Low to Medium |
Medium |
* Excludes Series N and FN securities
A summary of the CSA's Risk Classification Methodology and the investment objectives and strategies of the funds can be found in the applicable Dynamic Funds simplified prospectus available at www.dynamic.ca or by contacting our Customer Relations Centre at 1-800-268-8186.
Low Load and Low Load 2 Deferred Sales Charge Options
As a result of regulatory changes, the low load and low load 2 deferred sales charge options will be closed to all new investment, effective the close of business on March 31, 2022. There is no impact to investors with existing low load and low load 2 holdings.
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 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, investment solutions for private clients, institutions 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.
Website: www.dynamic.ca | Twitter:@DynamicFunds | LinkedIn: https://www.linkedin.com/company/dynamic-funds/
SOURCE Dynamic Funds
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Customer Relations Centre, 1-800-268-8186, www.dynamic.ca; For media enquiries only: Alexandra Mathias, Scotia Global Asset Management Communications, [email protected], 416-448-7044
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