TORONTO, Jan. 26, 2022 /CNW/ - Scotia Global Asset
Management's investment teams were recognized today with 37 awards
at the annual FundGrade A+ Awards. These awards are presented by
Fundata Canada Inc. to investment funds and their managers who have
shown consistent, outstanding, risk-adjusted performance throughout
the year.
"We are very pleased to receive these mutual fund and ETF awards
and to be recognized for the exceptional results our investment
teams achieved across our business," said Neal Kerr, Head, Scotia Global Asset Management
(Canada). "We continue to
diligently uphold Scotia Global Asset Management's purpose – to
enrich our clients' financial futures with outstanding investment
solutions, delivered in partnership with comprehensive wealth
advice – and we are pleased to have delivered for clients across
our multiple investment platforms."
Scotia Global Asset Management's award-winning funds for 2021
are:
FundGrade A+
Winner
|
CIFSC
category
|
Number of funds in
the category
|
FundGrade Start
Date
|
Mutual
funds
|
Dynamic Alternative
Managed Risk Private Pool
|
Tactical
Balanced
|
179
|
1/31/2019
|
Dynamic Asia Pacific
Equity Fund
|
Asia Pacific
Equity
|
44
|
1/31/2012
|
Dynamic Asset
Allocation Private Pool
|
Tactical
Balanced
|
179
|
1/31/2016
|
Dynamic Blue Chip
Balanced Fund
|
Global Neutral
Balanced
|
893
|
1/31/2012
|
Dynamic Blue Chip
Equity Fund
|
Global
Equity
|
1127
|
1/31/2012
|
Dynamic Canadian
Dividend Fund
|
Canadian Dividend
& Income Equity
|
277
|
1/31/2012
|
Dynamic Conservative
Yield Private Pool
|
Global Fixed Income
Balanced
|
415
|
1/31/2016
|
Dynamic Dividend
Fund
|
Canadian Dividend
& Income Equity
|
277
|
1/31/2012
|
Dynamic Financial
Services Fund
|
Financial Services
Equity
|
50
|
1/31/2012
|
Dynamic Global Asset
Allocation Fund
|
Global Equity
Balanced
|
722
|
1/31/2012
|
Dynamic Global
Balanced Fund
|
Global Equity
Balanced
|
722
|
1/31/2014
|
Dynamic Global Equity
Fund
|
Global
Equity
|
1127
|
1/31/2014
|
Dynamic Global Equity
Private Pool
|
Global
Equity
|
1127
|
1/31/2016
|
Dynamic International
Dividend Private Pool
|
International
Equity
|
382
|
1/31/2017
|
Dynamic International
Equity Fund
|
International
Equity
|
382
|
1/31/2012
|
Dynamic Power Global
Balanced Class
|
Global Neutral
Balanced
|
893
|
1/31/2012
|
Dynamic Power Global
Navigator Class
|
Global
Equity
|
1127
|
1/31/2012
|
Dynamic Precious
Metals Fund
|
Precious Metals
Equity
|
45
|
1/31/2012
|
Dynamic Preferred
Yield Class
|
Preferred Share Fixed
Income
|
50
|
1/31/2014
|
Dynamic U.S. Balanced
Class
|
Global Equity
Balanced
|
722
|
1/31/2012
|
Dynamic U.S. Equity
Private Pool
|
U.S.
Equity
|
833
|
1/31/2016
|
DynamicEdge
Conservative Class Portfolio
|
Global Fixed Income
Balanced
|
415
|
1/31/2013
|
DynamicEdge Balanced
Growth Portfolio
|
Global Equity
Balanced
|
722
|
1/31/2012
|
DynamicEdge Growth
Portfolio
|
Global Equity
Balanced
|
722
|
1/31/2012
|
Marquis Institutional
Growth Portfolio
|
Global Equity
Balanced
|
722
|
1/31/2012
|
Scotia Canadian
Balanced Fund
|
Canadian Neutral
Balanced
|
290
|
1/31/2012
|
Scotia Canadian
Dividend Fund
|
Canadian Dividend
& Income Equity
|
277
|
1/31/2012
|
Scotia Diversified
Balanced Fund*
|
Tactical
Balanced
|
179
|
1/31/2012
|
Scotia Global Growth
Fund**
|
Global
Equity
|
1127
|
1/31/2012
|
Scotia Nasdaq Index
Fund***
|
U.S.
Equity
|
833
|
1/31/2012
|
Scotia Resource
Fund
|
Natural Resources
Equity
|
79
|
1/31/2012
|
Scotia Selected
Maximum Growth Portfolio
|
Global Equity
Balanced
|
722
|
1/31/2012
|
Active
ETFs****
|
Dynamic Active
Canadian Dividend ETF (DXC)
|
Canadian Dividend
& Income Equity
|
277
|
1/31/2018
|
Dynamic Active
Crossover Bond ETF (DXO)
|
High Yield Fixed
Income
|
242
|
1/31/2018
|
Dynamic Active Global
Dividend ETF (DXG)
|
Global
Equity
|
1127
|
1/31/2018
|
Dynamic Active Global
Financial Services ETF (DXF)
|
Financial Services
Equity
|
50
|
1/31/2018
|
Dynamic Active
Preferred Shares ETF (DXP)
|
Preferred Share Fixed
Income
|
50
|
1/31/2018
|
The FundGrade calculation date for the awards is December 31, 2021.
*Scotia Diversified Balanced Fund is sub-advised by Connor, Clark
& Lunn Investment Management.
**Scotia Global Growth Fund is sub-advised by Baillie Gifford &
Co Limited.
***Scotia Nasdaq Index Fund is sub-advised by State Street Global
Advisors, Ltd.
****1832 Asset Management L.P. assumed full operational and
investment management responsibilities of these Dynamic Active ETFs
from BlackRock Asset Management Canada Limited (BlackRock Canada)
on December 3, 2021. Prior to that
time, they were managed by BlackRock Canada and invested in
selected Dynamic Funds.
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.
About the Fundata FundGrade
A+® Awards
FundGrade A+® is
used with permission from Fundata Canada Inc., all rights reserved.
The annual FundGrade A+® Awards are presented by
Fundata Canada Inc. to recognize the "best of the best" among
Canadian investment funds. The FundGrade
A+® calculation is supplemental to the monthly
FundGrade ratings and is calculated at the end of each calendar
year. The FundGrade rating system evaluates funds based on their
risk-adjusted performance, measured by Sharpe Ratio, Sortino Ratio,
and Information Ratio. The score for each ratio is calculated
individually, covering all time periods from 2 to 10 years. The
scores are then weighted equally in calculating a monthly
FundGrade. The top 10% of funds earn an A Grade; the next 20% of
funds earn a B Grade; the next 40% of funds earn a C Grade; the
next 20% of funds receive a D Grade; and the lowest 10% of funds
receive an E Grade. To be eligible, a fund must have received a
FundGrade rating every month in the previous year. The FundGrade
A+® uses a GPA-style calculation, where each
monthly FundGrade from "A" to "E" receives a score from 4 to 0,
respectively. A fund's average score for the year determines its
GPA. Any fund with a GPA of 3.5 or greater is awarded a FundGrade
A+® Award. For more information, see
www.FundGradeAwards.com. Although Fundata makes every effort to
ensure the accuracy and reliability of the data contained herein,
the accuracy is not guaranteed by Fundata. FundGrade ratings are
subject to change every month.
For standard performance data of the funds listed above, click
here.
Commissions, trailing commissions, management fees and expenses
all may be associated with mutual fund investments, including
ETFs. Please read the prospectus before investing. The
indicated rates of return are the historical annual compounded
total returns including changes in unit value and reinvestment of
all distributions and do not take into account sales, redemption,
distribution or optional charges or income taxes payable by any
unitholder that would have reduced returns. Mutual funds and ETFs
are not guaranteed, their values change frequently and past
performance may not be repeated.
SOURCE Scotiabank