TORONTO, Nov. 30, 2020 /CNW/ - 1832 Asset Management L.P.
announced today portfolio advisor changes to some of its investment
solutions (the "Funds"). Effective on or about January 19, 2021, the following transitions will
be made:
Fund
name
|
New portfolio
advisor
|
Marquis Institutional
Global Equity Portfolio
(International Equity
component)
|
Walter Scott &
Partners Limited
|
Marquis Institutional
Global Equity Portfolio
(U.S. Equity Value component)
|
Fiduciary Management
Inc.
|
Scotia Private
International Equity Pool
|
Lazard Asset
Management LLC
|
Scotia U.S. Low
Volatility Equity LP
|
Fiduciary Management
Inc.
|
Scotia U.S.
Opportunities Fund
|
Jensen Investment
Management
|
There will be no changes to the investment objectives of the
Funds as a result.
Commissions, management fees and expenses all may be associated
with mutual fund investments. Please read the simplified prospectus
before investing. Mutual funds are not guaranteed or insured by the
Canada Deposit Insurance Corporation or any other government
deposit insurer, their values change frequently and past
performance may not be repeated.
About 1832 Asset Management L.P.
1832 Asset Management
offers a range of wealth management solutions, including mutual
funds, and investment solutions for private clients, institutional
clients and managed asset programs. 1832 Asset Management is a
limited partnership, the general partner of which is wholly owned
by Scotiabank.
About Scotiabank
Scotiabank 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 over 90,000 employees and assets
of approximately $1.2
trillion (as at July 31, 2020), Scotiabank trades on
the Toronto Stock Exchange (TSX: BNS) and New York Stock
Exchange (NYSE: BNS). For more information, please visit our
website and follow us on Twitter @ScotiabankViews.
SOURCE Scotiabank