PR Newswire | Aug 21, 2020 09:00AM EDT

08/21 08:00 CDT

Scotia Global Asset Management Announces Fund Closure TORONTO, Aug. 21, 2020

TORONTO, Aug. 21, 2020 /CNW/ - Scotia Global Asset Management today announced its intention to close 1832 AM North American Preferred Share LP (Series I) on or about September 30, 2020 (the termination date).

The fund, which currently has no unitholders, was originally created for exclusive use by the Scotia Portfolio Solutions group, whose needs have now changed.

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.

About Scotia Global Asset ManagementScotia Global Asset Management is a business name used by 1832 Asset Management L.P., a limited partnership, the general partner of which is wholly owned by Scotiabank. Scotia Global Asset Management offers a range of wealth management solutions, including mutual funds, and investment solutions for private clients, institutional clients and managed asset programs.

About ScotiabankScotiabank is a leading bank in the Americas. Guided by our purpose: "for every future,"we help our customers, their families and their communities achieve success 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 approximately 97,000 employees and assets of over $1.2 trillion (as at April 30, 2020), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit http://www.scotiabank.com and follow us on Twitter @ScotiabankViews.

SOURCE Scotiabank