Scotia Global Asset Management lowers risk ratings for some of its funds

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TORONTO, January 20, 2022 /CNW/ – Scotia Global Asset Management today announced that the following fund risk ratings will be lowered effective immediately. These changes are consistent with the investment risk classification methodology required by the Canadian Securities Administrators (CSA). There is no change to the investment objective or strategy of the funds associated with their new risk ratings.

Scotiabank Logo (CNW Group/Scotiabank)

Funds

New risk rating

Current risk rating

1832 AM Canadian Dividend LP

Low to medium

Average

1832 AM Global Completion LP

Low to medium

Medium to high

1832 AM Low Volatility Global Equity SEC

Low to medium

Medium to high

1832AM International Equity LP

Average

Medium to high

1832 AM Tactical Asset Allocation LP

Low to medium

Average

1832 AM Total Return Bond LP

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Low to medium

1832 AM US Dividend Growers LP

Average

Medium to high

1832 AM US Low Volatility LP

Low to medium

Medium to high

A summary of the investment risk classification methodology, investment objectives and strategies of the funds can be found in the funds’ simplified prospectus available at www.scotiafunds.com or by contacting us at 1-800-268-9269.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Investments in mutual funds are not guaranteed; their values ​​change frequently and past performance may not be repeated.

About Scotia Global Asset Management
Scotia Global Asset Management consists of 1832 Asset Management LP, 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 Scotiabank
Scotiabank is a leading bank in the Americas. Guided by our purpose: “for every future”, we help our clients, their families and their communities succeed through a wide range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate banking and investment banking. , and capital markets. With a team of approximately 90,000 employees and assets of approximately $1.2 trillion (like a October 31, 2021), Scotiabank is listed on the Toronto Stock Exchange (TSX: BNS) and the New York Stock Exchange (NYSE: BNS). For more information, please visit http://www.scotiabank.com and follow us on Twitter @ScotiabankViews.

SOURCEScotiabank

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