SOURCE: Dynamic Funds

Dynamic Funds

SOURCE: 1832 Asset Management L.P.

January 15, 2015 14:30 ET

Dynamic Funds Provides PFIC Annual Information Statements for U.S. Tax Filers

TORONTO, ON--(Marketwired - January 15, 2015) - Dynamic Funds, managed by 1832 Asset Management L.P., today announced that Passive Foreign Investment Company (PFIC) Annual Information Statements for over 100 of its funds will be available for the 2014 tax year. These statements contain reporting information that can enable investors classified as "U.S. Persons" to make the Qualified Electing Fund (QEF) election for U.S. tax reporting purposes. 

"Dynamic Funds is pleased to provide the necessary tax information to help our investors affected by U.S. PFIC rules to make the appropriate elections when complying with U.S. tax filing requirements," said Mark Brisley, Managing Director, Dynamic Funds. "We suggest that affected investors work with their financial advisor and a U.S. tax professional to discuss any PFIC-related tax implications."

About Dynamic Funds
Dynamic Funds is managed by 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.

Contact Information

  • For further information, please contact:

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

    Pubic and Corporate Affairs
    Devinder Lamsar
    416-933-1171