Latest news with #ScotiaGlobalAssetManagement
Cision Canada
30-05-2025
- Business
- Cision Canada
Scotia Global Asset Management Announces Management Fee Reductions and Risk Rating Changes for Select ScotiaFunds Français
TORONTO, May 30, 2025 /CNW/ - Scotia Global Asset Management today announced a series of changes to select ScotiaFunds. Management Fee Reductions Scotia Global Asset Management is reducing the management fees for the following Scotia Index Funds (Series F), effective immediately: Risk Rating Changes The following risk rating changes are being made effective immediately: These risk rating changes are based on the standardized risk classification methodology mandated by the Canadian Securities Administrators and an annual review conducted by Scotia Global Asset Management to determine the risk level of the ScotiaFunds. There is no change to the investment objectives or the strategies of the Funds associated with the new risk ratings. For more information about ScotiaFunds, visit Commissions, trailing commissions, management fees and expenses may be associated with mutual fund investments. Please read the 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. Series A units are available for purchase to all investors, while Series F units are only available to investors who participate in eligible fee-based or wrap programs with their registered dealers. Differences in performance between these series are primarily due to differences in management fees and fixed administration fees. Performance results for Series F units may also appear higher than for Series A units as the management fee does not include the trailing commission. About Scotia Global Asset Management 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. Scotia Global Asset Management offers a range of wealth management solutions, including mutual funds, ETFs, liquid alternative mutual funds, private asset funds and customized investment solutions for institutions and managed asset programs. For more information, please visit About Scotiabank Scotiabank's vision is to be our clients' most trusted financial partner and deliver sustainable, profitable growth. Guided by our purpose: "for every future," we help our clients, 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 assets of approximately $1.4 trillion (as at January 31, 2025), Scotiabank is one of the largest banks in North America by assets, and trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit and follow us on X @Scotiabank. SOURCE Scotiabank
Yahoo
30-05-2025
- Business
- Yahoo
Scotia Global Asset Management Announces Management Fee Reductions and Risk Rating Changes for Select ScotiaFunds
TORONTO, May 30, 2025 /CNW/ - Scotia Global Asset Management today announced a series of changes to select ScotiaFunds. Management Fee Reductions Scotia Global Asset Management is reducing the management fees for the following Scotia Index Funds (Series F), effective immediately: Fund Name New Fee Scotia Canadian Bond Index Fund 0.10 % Scotia Canadian Equity Index Fund 0.15 % Scotia International Equity Index Fund 0.15 % Scotia U.S. Equity Index Fund 0.15 % Risk Rating Changes The following risk rating changes are being made effective immediately: Fund Current Rating New Rating Scotia Global Equity Fund High Medium to High Scotia Wealth Canadian Small Cap Pool Medium Medium to High Scotia Wealth North American Dividend Pool Low to Medium Medium These risk rating changes are based on the standardized risk classification methodology mandated by the Canadian Securities Administrators and an annual review conducted by Scotia Global Asset Management to determine the risk level of the ScotiaFunds. There is no change to the investment objectives or the strategies of the Funds associated with the new risk ratings. For more information about ScotiaFunds, visit Commissions, trailing commissions, management fees and expenses may be associated with mutual fund investments. Please read the 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. Series A units are available for purchase to all investors, while Series F units are only available to investors who participate in eligible fee-based or wrap programs with their registered dealers. Differences in performance between these series are primarily due to differences in management fees and fixed administration fees. Performance results for Series F units may also appear higher than for Series A units as the management fee does not include the trailing commission. About Scotia Global Asset Management 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. Scotia Global Asset Management offers a range of wealth management solutions, including mutual funds, ETFs, liquid alternative mutual funds, private asset funds and customized investment solutions for institutions and managed asset programs. For more information, please visit About Scotiabank Scotiabank's vision is to be our clients' most trusted financial partner and deliver sustainable, profitable growth. Guided by our purpose: "for every future," we help our clients, 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 assets of approximately $1.4 trillion (as at January 31, 2025), Scotiabank is one of the largest banks in North America by assets, and trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit and follow us on X @Scotiabank. SOURCE Scotiabank View original content to download multimedia: Sign in to access your portfolio
Associated Press
30-05-2025
- Business
- Associated Press
Scotia Global Asset Management Announces Management Fee Reductions and Risk Rating Changes for Select ScotiaFunds
TORONTO, May 30, 2025 /CNW/ - Scotia Global Asset Management today announced a series of changes to select ScotiaFunds. Management Fee Reductions Scotia Global Asset Management is reducing the management fees for the following Scotia Index Funds (Series F), effective immediately: Risk Rating Changes The following risk rating changes are being made effective immediately: These risk rating changes are based on the standardized risk classification methodology mandated by the Canadian Securities Administrators and an annual review conducted by Scotia Global Asset Management to determine the risk level of the ScotiaFunds. There is no change to the investment objectives or the strategies of the Funds associated with the new risk ratings. For more information about ScotiaFunds, visit Commissions, trailing commissions, management fees and expenses may be associated with mutual fund investments. Please read the 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. Series A units are available for purchase to all investors, while Series F units are only available to investors who participate in eligible fee-based or wrap programs with their registered dealers. Differences in performance between these series are primarily due to differences in management fees and fixed administration fees. Performance results for Series F units may also appear higher than for Series A units as the management fee does not include the trailing commission. About Scotia Global Asset Management 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. Scotia Global Asset Management offers a range of wealth management solutions, including mutual funds, ETFs, liquid alternative mutual funds, private asset funds and customized investment solutions for institutions and managed asset programs. For more information, please visit About Scotiabank Scotiabank's vision is to be our clients' most trusted financial partner and deliver sustainable, profitable growth. Guided by our purpose: 'for every future,' we help our clients, 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 assets of approximately $1.4 trillion (as at January 31, 2025), Scotiabank is one of the largest banks in North America by assets, and trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit and follow us on X @Scotiabank. SOURCE Scotiabank
Globe and Mail
20-05-2025
- Business
- Globe and Mail
Scotia Global Asset Management announces May 2025 cash distributions for Scotia ETFs
TORONTO, May 20, 2025 /CNW/ - Scotia Global Asset Management announced today the May 2025 cash distributions for the Scotia ETFs listed on the Cboe Canada exchange, which pay on a monthly basis. Unitholders of record on May 27, 2025 will receive a cash distribution payable on June 3, 2025, as noted below.
Cision Canada
20-05-2025
- Business
- Cision Canada
Scotia Global Asset Management announces May 2025 cash distributions for Scotia ETFs Français
TORONTO, May 20, 2025 /CNW/ - Scotia Global Asset Management announced today the May 2025 cash distributions for the Scotia ETFs listed on the Cboe Canada exchange, which pay on a monthly basis. Unitholders of record on May 27, 2025 will receive a cash distribution payable on June 3, 2025, as noted below. For more information on the Scotia ETFs, please visit the Scotia ETF website. Commissions, trailing commissions, management fees and expenses may be associated with mutual fund investments, including exchange-traded funds (ETFs). Please read the prospectus before investing. Mutual funds and ETFs are not guaranteed, their values change frequently and past performance may not be repeated. About Scotia Global Asset Management 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. Scotia Global Asset Management offers a range of wealth management solutions, including mutual funds, ETFs, liquid alternative mutual funds, private asset funds and customized investment solutions for institutions and managed asset programs. For more information, please visit About Scotiabank Scotiabank's vision is to be our clients' most trusted financial partner and deliver sustainable, profitable growth. Guided by our purpose: "for every future," we help our clients, 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 assets of approximately $1.4 trillion (as at January 31, 2025), Scotiabank is one of the largest banks in North America by assets, and trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit and follow us on X @Scotiabank.
