Scotia Global Asset Management is honoured to receive 21 awards at 2023 FundGrade A+® Awards

TORONTO, February 2, 2024 – Scotia Global Asset Management’s investment teams were recognized with 21 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 pleased to be recognized again this year for the exceptional results our investment teams achieved for our clients, across multiple brands, investment vehicles and asset classes,” said Neal Kerr, Head, Scotia Global Asset Management.

2023 FundGrade A+® Awards

Scotia Global Asset Management’s award-winning mutual funds and ETFs for 2023 are:

FundGrade A+ Winner

CIFSC category

Number of funds in the category

FundGrade Start Date 

Dynamic Active Canadian Dividend ETF (DXC)

Canadian Dividend & Income Equity

258

2018-01-31

Dynamic Active Investment Grade Floating Rate ETF (DXV) Canadian Short Term Fixed Income 161 2019-01-31
Dynamic Active Preferred Shares ETF (DXP) Preferred Share Fixed Income 45 2018-01-31
Dynamic Active Tactical Bond ETF (DXB) Canadian Fixed Income 311 2018-01-31
Dynamic Active Credit Strategies Private Pool Multi-Sector Fixed Income 139 2016-01-31
Dynamic Advantage Bond Fund Canadian Fixed Income

311

2014-01-31
Dynamic Canadian Dividend Fund Canadian Dividend & Income Equity 258 2014-01-31
Dynamic Conservative Yield Private Pool Global Fixed Income Balanced 488 2016-01-31
Dynamic Global Yield Private Pool Global Neutral Balanced 888

2016-01-31

Dynamic Investment Grade Floating Rate Fund Canadian Short Term Fixed Income 161 2014-01-31

Dynamic North American Dividend Private Pool

North American Equity 76

2016-01-31

Dynamic Preferred Yield Class

Preferred Share Fixed Income

45 2014-01-31

Dynamic Premium Balanced Private Pool  Class

Tactical Balanced 194 2019-01-31
Dynamic Premium Yield PLUS Fund

Alternative Equity Focused

61

2019-01-31

Dynamic Tactical Bond Private Pool Canadian Fixed Income 311

2016-01-31

Dynamic U.S. Balanced Class Global Equity Balanced 704 2014-01-31
Dynamic U.S. Strategic Yield Fund Global Equity Balanced 704

2014-01-31

Scotia Canadian Balanced Fund

Canadian Neutral Balanced

250

2014-01-31

Scotia Diversified Balanced Fund* Tactical Balanced 194 2014-01-31
Scotia Nasdaq Index Fund** U.S. Equity

794

2014-01-31

Scotia U.S. Equity Fund

U.S. Equity

794

2014-01-31

The FundGrade calculation date for the awards is December 31, 2023. 

FundGrade A+® is used with permission from Fundata Canada Inc., all rights reserved. The annual FundGrade A+®Awards are presented by Fundata Canada Inc. to recognize the “best of the best” among Canadian investment funds. The FundGrade A+® 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+® 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+® 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.

Performance for Dynamic Active Canadian Dividend ETF (DXC) for the period ended December 31, 2023 is as follows: 10.23% (1 year), 11.34% (3 years), 12.74% (5 years), N/A (10 years), and 10.17% since inception (January 2017).

Performance for Dynamic Active Preferred Shares ETF (DXP) for the period ended December 31, 2023 is as follows: 7.28% (1 year), 5.04% (3 years), 4.91 (5 years), N/A (10 years), and 4.02% since inception (January 2017).

Performance for Dynamic Advantage Bond Fund for the period ended December 31, 2023 is as follows: -6.14% (1 year), -2.31% (3 years), 1.09% (5 years), 1.17% (10 years), and 1.96% since inception (November 2000).

Performance for Dynamic Canadian Dividend Fund Series A for the period ended December 31, 2023 is as follows: 9.58% (1 year), 11.09% (3 years), 10.86% (5 years), 7.34% (10 years), and 8.31% since inception (June 1978).

Performance for Dynamic Conservative Yield Private Pool for the period ended December 31, 2023 is as follows: 8.62% (1 year), 0.07% (3 years), 3.45% (5 years), N/A (10 years), and 3.47% since inception (October 2018).

Performance for Dynamic Global Yield Private Pool for the period ended December 31, 2023 is as follows: 9.48% (1 year), 2.93% (3 years), 5.70% (5 years), N/A (10 years), and 5.29% since inception (October 2018).

Performance for Dynamic North American Dividend Private Pool for the period ended December 31, 2023 is as follows: 5.97% (1 year), 8.80% (3 years), 9.55% (5 years), N/A (10 years), and 8.81% since inception (October 2018).

Performance for Dynamic Preferred Yield Class Series A for the period ended December 31, 2023 is as follows: 6.42% (1 year), 4.17% (3 years), 4.14% (5 years), 3.00% (10 years), and 2.51% since inception (April 2013).

Performance for Dynamic U.S. Balanced Class Series A for the period ended December 31, 2023 is as follows: 25.06% (1 year), 6.08% (3 years), 11.16% (5 years), 8.73% (10 years), and 8.06% since inception (March 2011).

Performance for Dynamic Active Investment Grade Floating Rate ETF (DXV) Series A for the period ended December 31, 2023 is as follows: 6.18% (1 year), 2.48% (3 years), 2.87% (5 years), N/A (10 years), and 2.55% since inception (March 2018).

Performance for Dynamic Active Tactical Bond ETF (DXB) Series A for the period ended December 31, 2023 is as follows: 7.89% (1 year), -2.32% (3 years), 1.28% (5 years), N/A (10 years), and 1.50% since inception (September 2017).

Performance for Dynamic Active Credit Strategies Private Pool Series A for the period ended December 31, 2023 is as follows: 10.43% (1 year), 0.78% (3 years), 2.99% (5 years), N/A (10 years), and 2.56% since inception (October 2018).

Performance for Dynamic Investment Grade Floating Rate Fund Series A for the period ended December 31, 2023 is as follows: 5.52% (1 year), 1.78% (3 years), 1.92% (5 years), 1.20% (10 years), and 1.34% since inception (September 2013).

Performance for Dynamic Premium Balanced Private Pool Class Series A for the period ended December 31, 2023 is as follows: 19.07% (1 year), 7.16% (3 years), 9.17% (5 years), N/A (10 years), and 8.27% since inception (June 2014).

Performance for Dynamic Premium Yield PLUS Fund Series A for the period ended December 31, 2023 is as follows: 26.14% (1 year), 14.62% (3 years), 11.31% (5 years), N/A (10 years), and 10.23% since inception (October 2018).

Performance for Dynamic Tactical Bond Private Pool Series A for the period ended December 31, 2023 is as follows: 5.75% (1 year), -3.60% (3 years), 0.05% (5 years), N/A (10 years), and 0.47% since inception (March 2015).

Performance for Dynamic U.S. Strategic Yield Fund Series A for the period ended December 31, 2023 is as follows: 7.40% (1 year), 5.59% (3 years), 6.75% (5 years), 6.05% (10 years), and 6.68% since inception (October 2013).

Performance for Scotia Canadian Balanced Fund Series A for the period ended December 31, 2023 is as follows: 7.60% (1 year), 4.15% (3 years), 6.11% (5 years), 5.43% (10 years), and 5.94% since inception (June 1990).

Performance for Scotia Diversified Balanced Fund* for the period ended December 31, 2023 is as follows: 11.11% (1 year), 4.48% (3 years), 7.71% (5 years), 6.06% (10 years), and 6.60% since inception (May 1989).

Performance for Scotia Nasdaq Index Fund Series A for the period ended December 31, 2023 is as follows: 49.89% (1 year), 10.14% (3 years), 20.29% (5 years), 18.56% (10 years), and 7.17% since inception (December 2000).

Performance for Scotia U.S. Equity Fund Series A for the period ended December 31, 2023 is as follows: 35.52% (1 year), 11.18% (3 years), 16.96% (5 years), 13.49% (10 years), and 4.81% since inception (January 1987).

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 units value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. Mutual funds and ETFs are not guaranteed, their values change frequently and past performance may not be repeated.

Scotia 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.