TORONTO, May 31, 2023 /CNW/ - Scotia Global Asset Management announced 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.

Scotiabank Logo (CNW Group/Scotiabank)

Fund

New Risk Rating

Current Risk Rating

Scotia Wealth International Core Equity Pool     

Medium

Low to Medium

Scotia Wealth U.S. Dividend Pool              

Medium

Low to Medium

Scotia Wealth U.S. Value Pool          

Medium

Low to Medium

Scotia Wealth World Infrastructure Pool     

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 April 30, 2023), 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

Copyright 2023 Canada NewsWire

Bank of Nova Scotia (TSX:BNS)
Gráfica de Acción Histórica
De Feb 2024 a Mar 2024 Haga Click aquí para más Gráficas Bank of Nova Scotia.
Bank of Nova Scotia (TSX:BNS)
Gráfica de Acción Histórica
De Mar 2023 a Mar 2024 Haga Click aquí para más Gráficas Bank of Nova Scotia.