TORONTO, Feb. 10,
2023 /CNW/ - Dynamic Funds announced today that the
risk rating for the following Dynamic Active ETFs will be changing,
effective today. This change is in accordance with the Risk
Classification Methodology mandated by the Canadian Securities
Administrators (CSA). There is no change to the investment
objectives or strategy of the ETFs associated with the new risk
ratings.
ETF
|
New Risk
Rating
|
Current Risk
Rating
|
Dynamic Active
Crossover Bond ETF (DXO)
|
Low to
Medium
|
Low
|
Dynamic Active Energy
Evolution ETF (DXET)
|
Medium to
High
|
Medium
|
Dynamic Active
Retirement Income ETF (DXR)
|
Medium
|
Low to
Medium
|
A summary of the CSA's Risk Classification Methodology and the
investment objective and strategy of the funds can be found in the
applicable Dynamic Funds prospectus available at www.dynamic.ca or
by contacting our Customer Relations Centre at 1-800-268-8186.
Commissions, trailing commissions, management fees and expenses
all may be associated with investments in exchange-traded funds
(ETFs). Please read the prospectus before investing. The securities
held by the ETFs can change at any time without notice. Investments
in ETFs are not guaranteed, their values change frequently, and
past performance may not be repeated.
About Dynamic Funds
Dynamic Funds is a division of 1832 Asset Management L.P., which
offers a range of wealth management solutions, including mutual
funds, actively managed ETFs, investment solutions for private
clients, institutions 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 its owner, used under license.
Website: www.dynamic.ca |Twitter:@DynamicFunds |
LinkedIn: https://www.linkedin.com/company/dynamic-funds/
SOURCE Dynamic Funds