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Dynamic Funds introduces U.S. dollar offerings for three Dynamic Active ETFs and announces other changes

Dynamic Funds introduces U.S. dollar offerings for three Dynamic Active ETFs and announces other changes

By AP News
Published - Sep 27, 2024, 09:28 AM ET
Last Updated - Dec 16, 2024, 06:50 PM EST

TORONTO, Sept. 27, 2024 /CNW/ - Dynamic Funds introduces U.S. dollar units for three Dynamic Active ETFs: Dynamic Active U.S. Equity ETF (DXUS.U), Dynamic Active U.S. Dividend ETF (DXU.U), and Dynamic Active Global Dividend ETF (DXG.U), which are listed on the Toronto Stock Exchange (TSX) as of today. Management fees on the US dollar units are the same as the existing Canadian dollar units.

Fund name changes

Dynamic Funds also announces the name change of Dynamic Active Investment Grade Floating Rate ETF (DXV) to Dynamic Active Ultra Short Term Bond ETF (DXV), and Dynamic Investment Grade Floating Rate Fund to Dynamic Ultra Short Term Bond Fund, effective today. The investment objective and strategies of the ETF and mutual fund remain unchanged. The ticker of the ETF also remains unchanged.

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

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