TORONTO, Jan. 20,
2023 /CNW/ - Scotia Global Asset Management announced
today that the risk ratings for the following funds will be
changed, 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
|
Medium
|
Low to
Medium
|
1832 AM U.S. Low
Volatility Equity LP
|
Medium
|
Low to
Medium
|
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.
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 over 90,000
employees and assets of over $1.3
trillion (as at October 31,
2022), 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
@Scotiabank.
SOURCE Scotiabank