SOURCE: Dynamic Funds

Dynamic Funds

SOURCE: 1832 Asset Management L.P.

November 30, 2015 13:00 ET

Dynamic Funds Announces Changes to Its Blue Chip Fund Lineup

TORONTO, ON--(Marketwired - November 30, 2015) - Dynamic Funds today announced that Dana Love, Vice President & Portfolio Manager and Head of the Core Equity team, will assume lead portfolio management duties on Dynamic Blue Chip Balanced Fund, Dynamic Blue Chip U.S. Balanced Class, and Dynamic Blue Chip Equity Fund (the "Funds").

"Dana's disciplined, high conviction investment style is an excellent fit for these Funds. We believe that he and the members of the Core Equity team will continue the stewardship and results that investors have come to expect from these mandates," said Jordy Chilcott, President & Chief Executive Officer, Dynamic Funds.

Mr. Love has over 17 years of professional money management experience and is well-recognized as a lead portfolio manager and co-portfolio manager for some of the industry's most well-known global equity and global balanced funds. He currently manages $4 billion in assets. His Core Equity team also leverages the global depth and breadth of 1832 Asset Management L.P., the manager of Dynamic Funds, to deliver value added, risk‐adjusted opportunities for investors.

Mr. Love's appointment to the Funds is effective December 1, 2015, taking over from Adam Donsky who leaves the firm to pursue other endeavours.

"Adam has been a valued member of the Dynamic family for the past twelve years and we thank him for his contributions to our growth," said Jordy Chilcott.

The investment objectives and investment strategies of the Funds remain unchanged.

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, 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 its owner, used under license.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

Caution regarding forward-looking statements

Certain portions of this news release may contain forward-looking statements about the Funds. Forward-looking statements include statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "expects", "anticipates", "intends", "plans", "believes", "estimates" and similar forward-looking expressions or negative versions thereof. Forward-looking statements are inherently subject to, among other things, risks and uncertainties, some of which may be unforeseeable. Forward-looking statements are not guarantees of future performance, and actual events could differ materially from those expressed or implied in any forward-looking statements made by the Fund.

We encourage you to consider these and other factors carefully before making any investment decisions and we urge you to avoid placing any undue reliance on forward-looking statements. Further, you should be aware of the fact that the Funds have no specific intention of updating any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law. For a complete disclosure record for each of the Funds, please visit their profiles at www.sedar.com.

Contact Information

  • For further information, please contact:

    Customer Relations Centre
    1-800-268-8186
    www.dynamic.ca

    For media enquiries only:
    Debra Chan
    Public, Corporate and Government Affairs
    Scotiabank
    416-866-6443
    debra.chan@scotiabank.com