New offerings expand one of the leading
fundamental active ETF suites in Canada
TORONTO, July 2, 2024
/CNW/ - Dynamic Funds announces the latest expansion of its Dynamic
Active ETF lineup with the launch of three new solutions.
Dynamic Active Global Gold ETF (DXAU), Dynamic Active Mining
Opportunities ETF (DXMO) and Dynamic Active Real Estate ETF (DXRE)
will be listed on the Toronto Stock Exchange (TSX) today.
"Our Dynamic Active ETF suite was one of the first of its kind
in Canada and we continue to
expand to meet growing investor demand," says Mark Brisley, Managing Director, Dynamic Funds.
"These three ETFs provide our clients with more options to
diversify their portfolios with targeted sector exposure."
Dynamic Active Global Gold ETF (DXAU)
DXAU seeks to achieve long-term capital
appreciation by investing primarily in equity securities of gold
companies based anywhere in the world. This ETF is managed by
Robert Cohen, Vice President and
Portfolio Manager, and Nawojka Wachowiak, Portfolio Manager, who
collectively have more than 60 years of industry experience with a
focus on metals and mining.
Dynamic Active Mining Opportunities ETF
(DXMO)
DXMO seeks to provide long-term capital
appreciation by investing primarily in global equity securities of
companies engaged in the exploration, development and production of
precious metals, base metals, rare earths and/or other commodities.
This ETF is also managed by Mr. Cohen and Ms. Wachowiak.
Dynamic Active Real Estate ETF (DXRE)
DXRE seeks to achieve long-term capital
appreciation and income primarily through investment in a
diversified portfolio of businesses around the world with potential
for increased value due to ownership, management or other
investment in real estate assets. This ETF is managed by
Maria Benavente, Vice President and
Portfolio Manager, and Tom Dicker,
Vice President and Senior Portfolio Manager, who collectively have
more than 30 years of industry experience, primarily in real
estate.
To learn more about this and other Dynamic Funds, visit
www.dynamic.ca/ETF.
Commissions, trailing commissions, management fees and expenses
all may be associated with mutual fund investments, including
exchange-traded funds (ETFs). Please read the prospectus before
investing. The securities held by an ETF can change at any time
without notice. Mutual funds and ETFs are not guaranteed, their
values change frequently, and past performance may not be
repeated.
About Dynamic Funds
Dynamic Funds is a division of Scotia Global Asset Management,
the registered business name of 1832 Asset Management L.P., the
manager of the Fund, which offers a range of wealth management
solutions, including mutual funds, actively managed ETFs, 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. Dynamic Funds® is a registered trademark of The Bank of
Nova Scotia, used under license
by, and is a division of, 1832 Asset Management L.P.
© Copyright 2024 The Bank of Nova Scotia. All rights
reserved.
Website: www.dynamic.ca |Twitter: @DynamicFunds | LinkedIn:
https://www.linkedin.com/company/dynamic-funds/
SOURCE Dynamic Funds