SOURCE: Dynamic Funds

Dynamic Funds

March 09, 2015 10:00 ET

Dynamic Funds® Expands Dynamic Private Investment Pools Lineup

TORONTO, ON--(Marketwired - March 09, 2015) - Dynamic Funds today announced the expansion of its Dynamic Private Investment Pools lineup with the launch of five new investment mandates and several enhancements to existing mandates. Dynamic Private Investment Pools now contain 14 investment solutions specifically designed for fee-based platforms and advisors licensed as portfolio managers. 

"With more and more signs of a marketplace shifting toward fee-based accounts and discretionary portfolio management, we are pleased to build on our unique platform designed for advisors who operate in these channels," said Jordy Chilcott, President and CEO, Dynamic Funds. "In response to growing demand since their introduction last year, an expanded Dynamic Private Investment Pools offering can help advisors construct better client portfolios in areas where legitimately active management has shown its value, such as in international equities, as well as income and dividend investing."

New Investment Mandates
The following new Dynamic Private Investment Pools will be available on March 9, 2015:

Dynamic Conservative Yield Private Pool and Dynamic Conservative Yield Private Pool Class provide access to several different income-producing strategies under a conservative asset allocation mix. The Pools are managed by 1832 Asset Management L.P., with a portion of the Pools sub-advised by Aurion Capital Management Inc. The Pools seek to achieve income and some long-term capital appreciation by investing primarily in a diversified portfolio of fixed income and income-oriented equity securities from around the world. The Class version of the Pool offers certain tax advantages within a corporate class structure.

Dynamic North American Dividend Private Pool is focused on identifying undervalued dividend-paying securities with an ability to grow their dividend, principally in Canada and the U.S. The Pool is managed by Cecilia Mo of 1832 Asset Management L.P. and seeks to provide income and long-term capital appreciation by investing primarily in equity securities of dividend or distribution paying companies that are located or doing business primarily in North America.

Dynamic Tactical Bond Private Pool employs a flexible total return approach that has the freedom to invest across the full spectrum of the fixed-income universe while maintaining an average credit rating of A- or better. The Pool is managed by Christine Horoyski of Aurion Capital Management Inc. and seeks to provide income and some long-term capital returns from an actively managed diversified portfolio of primarily fixed income securities.

Dynamic International Dividend Private Pool is a core international equity portfolio of high quality dividend-paying business franchises. The Pool is managed by Dana Love of 1832 Asset Management L.P. and seeks to provide income and long-term capital appreciation by investing primarily in equity securities of dividend or distribution paying companies that are located or doing business primarily outside of North America.

Enhancements & Other Changes
To address investors' cash flow requirements, Series FT will be available on Dynamic Asset Allocation Private Pool and Dynamic Global Yield Private Pool Class, effective in March 2015. Series FT securities are intended for investors seeking stable monthly distributions.

Effective March 9, 2015, Dynamic U.S. Equity Private Pool will be managed by Cecilia Mo and Noah Blackstein of 1832 Asset Management, with no changes to the Pool's investment objective or strategies. In addition, the Pool will reduce its management fee to 75 basis points, effective March 9, 2015.

"Dynamic Funds is committed to working with advisors who have all or part of their practice in a fee-based model," said Mark Brisley, Managing Director, Dynamic Funds. "We recognize that regulatory changes that reinforce transparency and fee accountability will impact the types of products advisors choose for their clients and believe that Dynamic Private Investment Pools represent a relevant and forward-thinking solution."

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 pools. Please read the fund facts and prospectus before investing. Investments in pools are not guaranteed; their values change frequently and past performance may not be repeated.

Contact Information

  • For further information, please contact:

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

    Corporate Communications
    Devinder Lamsar
    416-933-1171