PR Newswire | Jan 26, 2022 10:02AM EST

A+(r) Awards

01/26 09:00 CST

Scotia Global Asset Management honoured to receive 37 awards at 2021 FundGrade A+(r) Awards TORONTO, Jan. 26, 2022

TORONTO, Jan. 26, 2022 /CNW/ - Scotia Global Asset Management's investment teams were recognized today with 37 awards at the annual FundGrade A+ Awards. These awards are presented by Fundata Canada Inc. to investment funds and their managers who have shown consistent, outstanding, risk-adjusted performance throughout the year.

"We are very pleased to receive these mutual fund and ETF awards and to be recognized for the exceptional results our investment teams achieved across our business," said Neal Kerr, Head, Scotia Global Asset Management (Canada). "We continue to diligently uphold Scotia Global Asset Management's purpose - to enrich our clients' financial futures with outstanding investment solutions, delivered in partnership with comprehensive wealth advice - and we are pleased to have delivered for clients across our multiple investment platforms."

Scotia Global Asset Management's award-winning funds for 2021 are:

FundGrade A+ Winner CIFSC category Number of funds FundGrade in the category Start Date

Mutual funds

Dynamic Alternative Managed Tactical Balanced 179 1/31/2019 Risk Private Pool

Dynamic Asia Pacific Equity Asia Pacific 44 1/31/2012 Fund Equity

Dynamic Asset Allocation Tactical Balanced 179 1/31/2016 Private Pool

Dynamic Blue Chip Balanced Global Neutral 893 1/31/2012 Fund Balanced

Dynamic Blue Chip Equity Global Equity 1127 1/31/2012 Fund

Dynamic Canadian Dividend Canadian Dividend 277 1/31/2012 Fund & Income Equity

Dynamic Conservative Yield Global Fixed 415 1/31/2016 Private Pool Income Balanced

Dynamic Dividend Fund Canadian Dividend 277 1/31/2012 & Income Equity

Dynamic Financial Services Financial Services50 1/31/2012 Fund Equity

Dynamic Global Asset Global Equity 722 1/31/2012 Allocation Fund Balanced

Dynamic Global Balanced FundGlobal Equity 722 1/31/2014 Balanced

Dynamic Global Equity Fund Global Equity 1127 1/31/2014

Dynamic Global Equity Global Equity 1127 1/31/2016 Private Pool

Dynamic International International 382 1/31/2017 Dividend Private Pool Equity

Dynamic International EquityInternational 382 1/31/2012 Fund Equity

Dynamic Power Global Global Neutral 893 1/31/2012 Balanced Class Balanced

Dynamic Power Global Global Equity 1127 1/31/2012 Navigator Class

Dynamic Precious Metals FundPrecious Metals 45 1/31/2012 Equity

Dynamic Preferred Yield Preferred Share 50 1/31/2014 Class Fixed Income

Dynamic U.S. Balanced Class Global Equity 722 1/31/2012 Balanced

Dynamic U.S. Equity Private U.S. Equity 833 1/31/2016 Pool

DynamicEdge Conservative Global Fixed 415 1/31/2013 Class Portfolio Income Balanced

DynamicEdge Balanced Growth Global Equity 722 1/31/2012 Portfolio Balanced

DynamicEdge Growth PortfolioGlobal Equity 722 1/31/2012 Balanced

Marquis Institutional GrowthGlobal Equity 722 1/31/2012 Portfolio Balanced

Scotia Canadian Balanced Canadian Neutral 290 1/31/2012 Fund Balanced

Scotia Canadian Dividend Canadian Dividend 277 1/31/2012 Fund & Income Equity

Scotia Diversified Balanced Tactical Balanced 179 1/31/2012 Fund*

Scotia Global Growth Fund** Global Equity 1127 1/31/2012

Scotia Nasdaq Index Fund*** U.S. Equity 833 1/31/2012

Scotia Resource Fund Natural Resources 79 1/31/2012 Equity

Scotia Selected Maximum Global Equity 722 1/31/2012 Growth Portfolio Balanced

Active ETFs****

Dynamic Active Canadian Canadian Dividend 277 1/31/2018 Dividend ETF (DXC) & Income Equity

Dynamic Active Crossover High Yield Fixed 242 1/31/2018 Bond ETF (DXO) Income

Dynamic Active Global Global Equity 1127 1/31/2018 Dividend ETF (DXG)

Dynamic Active Global Financial Services50 1/31/2018 Financial Services ETF (DXF)Equity

Dynamic Active Preferred Preferred Share 50 1/31/2018 Shares ETF (DXP) Fixed Income

The FundGrade calculation date for the awards is December 31, 2021.*Scotia Diversified Balanced Fund is sub-advised by Connor, Clark & Lunn Investment Management.**Scotia Global Growth Fund is sub-advised by Baillie Gifford & Co Limited.***Scotia Nasdaq Index Fund is sub-advised by State Street Global Advisors, Ltd.****1832 Asset Management L.P. assumed full operational and investment management responsibilities of these Dynamic Active ETFs from BlackRock Asset Management Canada Limited (BlackRock Canada) on December 3, 2021. Prior to that time, they were managed by BlackRock Canada and invested in selected Dynamic Funds.

About Scotia Global Asset ManagementScotia Global Asset Management includes 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, ETFs, and investment solutions for private clients, institutions 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 90,000 employees and assets of approximately $1.2 trillion (as at October 31, 2021), 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.

About the Fundata FundGrade A+(r) AwardsFundGrade A+(r) is used with permission from Fundata Canada Inc., all rights reserved. The annual FundGrade A+(r) Awards are presented by Fundata Canada Inc. to recognize the "best of the best" among Canadian investment funds. The FundGrade A+(r) calculation is supplemental to the monthly FundGrade ratings and is calculated at the end of each calendar year. The FundGrade rating system evaluates funds based on their risk-adjusted performance, measured by Sharpe Ratio, Sortino Ratio, and Information Ratio. The score for each ratio is calculated individually, covering all time periods from 2 to 10 years. The scores are then weighted equally in calculating a monthly FundGrade. The top 10% of funds earn an A Grade; the next 20% of funds earn a B Grade; the next 40% of funds earn a C Grade; the next 20% of funds receive a D Grade; and the lowest 10% of funds receive an E Grade. To be eligible, a fund must have received a FundGrade rating every month in the previous year. The FundGrade A+(r) uses a GPA-style calculation, where each monthly FundGrade from "A" to "E" receives a score from 4 to 0, respectively. A fund's average score for the year determines its GPA. Any fund with a GPA of 3.5 or greater is awarded a FundGrade A+(r) Award. For more information, see www.FundGradeAwards.com. Although Fundata makes every effort to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Fundata. FundGrade ratings are subject to change every month.

For standard performance data of the funds listed above, click here.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments, including ETFs. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder that would have reduced returns. Mutual funds and ETFs are not guaranteed, their values change frequently and past performance may not be repeated.

SOURCE Scotiabank