SOURCE: Scotiabank


November 06, 2015 13:26 ET

ScotiaFunds Announces Fixed Administration Fee Changes

TORONTO, ON--(Marketwired - November 06, 2015) - ScotiaFunds today announced that effective November [9], 2015, it will be lowering the fixed administration fee ("FAF") on Series F of the following funds:

Fund  New Series F FAF  Current Series F FAF
Scotia Balanced Opportunities Fund  0.11%  0.15%
Scotia Canadian Balanced Fund  0.09%  0.15%
Scotia Canadian Bond Index Fund  0.06%  0.10%
Scotia Canadian Dividend Fund  0.06%  0.09%
Scotia Canadian Growth Fund  0.13%  0.20%
Scotia Canadian Income Fund  0.07%  0.10%
Scotia Canadian Index Fund  0.10%  0.20%
Scotia Canadian Small Cap Fund  0.26%  0.40%
Scotia Diversified Monthly Income Fund  0.06%  0.15%
Scotia Global Opportunities Fund  0.37%  0.40%
Scotia Global Small Cap Fund  0.17%  0.40%
Scotia International Index Fund  0.32%  0.35%
Scotia Latin American Fund  0.33%  0.40%
Scotia Nasdaq Index Fund  0.23%  0.31%
Scotia Partners Balanced Growth Portfolio  0.04%  0.15%
Scotia Partners Balanced Income Portfolio  0.05%  0.15%
Scotia Partners Growth Portfolio  0.04%  0.15%
Scotia Partners Maximum Growth Portfolio  0.05%  0.15%
Scotia Resource Fund  0.16%  0.40%
Scotia Selected Balanced Growth Portfolio  0.05%  0.15%
Scotia Selected Balanced Income Portfolio  0.05%  0.15%
Scotia Selected Maximum Growth Portfolio  0.07%  0.15%
Scotia U.S. $ Bond Fund (US$)  0.06%  0.10%
Scotia U.S. Index Fund  0.17%  0.25%
Scotia U.S. Opportunities Fund  0.37%  0.40%

ScotiaFunds are managed by 1832 Asset Management L.P.

About 1832 Asset Management L.P.

1832 Asset Management L.P. offers a range of wealth management solutions, including mutual funds, and 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.

About Scotiabank

Scotiabank is Canada's international bank and a leading financial services provider in North America, Latin America, the Caribbean and Central America, and parts of Asia. We are dedicated to helping our 21 million customers become better off 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 more than 87,000 employees and assets of $863 billion (as at July 31, 2015), Scotiabank trades on the Toronto (TSX: BNS) and New York Exchanges (NYSE: BNS). Scotiabank distributes the Bank's media releases using Marketwired. For more information, please visit and follow us on Twitter @ScotiabankNews.

Contact Information

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    Debra Chan
    Public, Corporate and Government Affairs
    (416) 866-6443