TORONTO, ON--(Marketwired - September 07, 2016) - Dynamic Funds today announced the introduction of four new income solutions managed by its Equity Income and Fixed Income teams: Dynamic Global Strategic Yield Fund, Dynamic U.S. Strategic Yield Fund, Dynamic Global Equity Income Fund, and Dynamic U.S. Equity Income Fund (the "Funds").
Built on the same investment philosophy that underpins the longstanding Strategic Yield and Equity Income franchises, these new Funds offer investors a greater choice of geographic focus and broader opportunities that come with investing outside of domestic markets.
"Today's low rates have encouraged many income investors to look to other areas of the capital markets for more attractive yields. These Funds can help investors meet their continued need for income but doing so with an active, disciplined and flexible approach to uncovering quality yield-oriented investments from a variety of global markets," said Jordy Chilcott, President and CEO, Dynamic Funds. "We are pleased to offer a range of income solutions that demonstrate Dynamic's growing investment resources in global and U.S. equity income investing."
The four new funds will be available on September 7, 2016.
Dynamic Global Strategic Yield Fund seeks to provide income and long-term capital appreciation by investing primarily in a diversified portfolio of fixed income and income-oriented equity securities globally.
Eric Benner and Oscar Belaiche will manage the equity component of the fund, while Christine Horoyski and Domenic Bellissimo will manage the fixed income portion of the fund.
Dynamic Global Equity Income Fund seeks to provide income and long-term capital appreciation by investing primarily in equity securities globally that pay a dividend or distribution. Eric Benner and Oscar Belaiche will manage the fund.
Dynamic U.S. Strategic Yield Fund seeks to provide income and long-term capital appreciation by investing primarily in a diversified portfolio of U.S. fixed income and income-oriented equity securities. Tom Dicker, Oscar Belaiche, Christine Horoyski and Domenic Bellissimo will be responsible for the managing the fund.
Dynamic U.S. Equity Income Fund seeks to provide income and long-term capital appreciation by investing primarily in U.S. equity securities that pay a dividend or distribution. Tom Dicker, Steven Hall, and Oscar Belaiche will manage the fund.
These U.S. funds will also be available in formats that actively manage or fully hedge the U.S. dollar, in addition to a U.S. dollar purchase option.
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 investments in the funds. Please read the prospectus before investing. Investments in the funds are not guaranteed; their values change frequently and past performance may not be repeated.