Scotia Global Asset Management is honoured to receive 21 awards at 2024 FundGrade A+® Awards
TORONTO, February 2, 2025 – 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 – across multiple asset classes, investment vehicles and brands,” says Neal Kerr, Head, Scotia Global Asset Management. “This recognition is especially important to us as we strive to deliver outstanding investment solutions to our clients, in partnership with comprehensive wealth advice.”
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Scotia Global Asset Management’s award-winning mutual funds and ETFs for 2024 are:
Fund Name | CIFSC Category | Number of Funds in the Category | FundGrade Start Date | FundGrade Calc date |
Canadian Dividend & Income Equity |
83 |
2017-12-31 |
2024-12-31 |
|
Multi-Sector Fixed Income |
51 |
2015-12-31 |
2024-12-31 |
|
Preferred Share Fixed Income |
28 |
2017-12-31 |
2024-12-31 |
|
Canadian Short Term Fixed Income |
86 |
2018-12-31 |
2024-12-31 |
|
Canadian Fixed Income |
137 |
2014-12-31 |
2024-12-31 |
|
Canadian Dividend & Income Equity |
83 |
2014-12-31 |
2024-12-31 |
|
Global Fixed Income |
112 |
2022-12-31 |
2024-12-31 |
|
Real Estate Equity |
29 |
2014-12-31 |
2024-12-31 |
|
Global Neutral Balanced |
224 |
2015-12-31 |
2024-12-31 |
|
Canadian Equity Balanced |
52 |
2014-12-31 |
2024-12-31 |
|
Canadian Focused Equity |
70 |
2014-12-31 |
2024-12-31 |
|
Precious Metals Equity |
17 |
2014-12-31 |
2024-12-31 |
|
Preferred Share Fixed Income |
28 |
2014-12-31 |
2024-12-31 |
|
Tactical Balanced |
56 |
2018-12-31 |
2024-12-31 |
|
Alternative Equity Focused |
58 |
2018-12-31 |
2024-12-31 |
|
Alternative Credit Focused |
27 |
2022-12-31 |
2024-12-31 |
|
Global Equity Balanced |
187 |
2014-12-31 |
2024-12-31 |
|
Canadian Short Term Fixed Income |
86 |
2014-12-31 |
2024-12-31 |
|
Tactical Balanced |
56 |
2014-12-31 |
2024-12-31 |
|
U.S. Equity |
237 |
2014-12-31 |
2024-12-31 |
|
U.S. Equity |
237 |
2014-12-31 |
2024-12-31 |
The FundGrade calculation date for the awards is December 31, 2024.
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.
Performance for Dynamic Active Canadian Dividend ETF (DXC) for the period ended December 31, 2024 is as follows: 14.01% (1 year), 7.35% (3 years), 11.17% (5 years), N/A (10 years), and 10.64% since inception (January 2017).
Performance for Dynamic Active Credit Strategies Private Pool for the period ended December 31, 2024 is as follows: 5.66% (1 year), 1.11% (3 years), 2.61% (5 years), N/A (10 years), and 3.05% since inception (October 2018).
Performance for Dynamic Active Preferred Shares ETF (DXP) for the period ended December 31, 2024 is as follows: 26.79% (1 year), 4.74% (3 years), 9.19% (5 years), N/A (10 years), and 6.64% since inception (January 2017).
Performance for Dynamic Active Ultra Short Term Bond ETF (DXV) for the period ended December 31, 2024 is as follows: 5.61% (1 year), 4.19% (3 years), 3.30% (5 years), N/A (10 years), and 3.00% since inception (March 2018).
Performance for Dynamic Advantage Bond Fund for the period ended December 31, 2024 is as follows: 4.52% (1 year), -0.87% (3 years), 0.95% (5 years), 1.19% (10 years), and 2.06% since inception (November 2000).
Performance for Dynamic Canadian Dividend Fund for the period ended December 31, 2024 is as follows: 12.24% (1 year), 5.96% (3 years), 9.87% (5 years), 8.25% (10 years), and 8.39% since inception (June 1978).
Performance for Dynamic Global Fixed Income Fund for the period ended December 31, 2024 is as follows: 5.84% (1 year), N/A (3 years), N/A (5 years), N/A (10 years), and 3.21% since inception (January 2022).
Performance for Dynamic Global Real Estate Fund for the period ended December 31, 2024, is as follows: 3.82% (1 year), -4.73% (3 years), 1.76 (5 years), 4.74% (10 years), and 6.58% since inception (November 1996).
Performance for Dynamic Global Yield Private Pool for the period ended December 31, 2024, is as follows: 13.84% (1 year), 3.86% (3 years), 5.54% (5 years), N/A% (10 years), and 6.62% since inception (October 2018).
Performance for Dynamic Power Balanced Fund for the period ended December 31, 2024, is as follows: 25.60% (1 year), 7.04% (3 years), 10.91% (5 years), 6.72% (10 years), and 7.27% since inception (July 1998).
Performance for Dynamic Power Canadian Growth Fund for the period ended December 31, 2024, is as follows: 36.00% (1 year), 10.51% (3 years), 15.26% (5 years), 9.26% (10 years), and 8.90% since inception (August 1985).
Performance for Dynamic Precious Metals Fund for the period ended December 31, 2024, is as follows: 34.33% (1 year), 5.51% (3 years), 12.16% (5 years), 16.09% (10 years), and 7.45% since inception (January 1984).
Performance for Dynamic Preferred Yield Class for the period ended December 31, 2024, is as follows: 25.54% (1 year), 3.91% (3 years), 8.27% (5 years), 4.60% (10 years), and 4.29% since inception (April 2013).
Performance for Dynamic Premium Balanced Private Pool Class for the period ended December 31, 2024, is as follows: 15.03% (1 year), 8.76% (3 years), 9.38% (5 years), N/A (10 years), and 9.33% since inception (October 2018).
Performance for Dynamic Premium Yield PLUS Fund for the period ended December 31, 2024, is as follows: 10.76% (1 year), 11.44% (3 years), 12.09% (5 years), N/A (10 years), and 10.31% since inception (October 2018).
Performance for Dynamic Short-Term Credit PLUS Fund for the period ended December 31, 2024, is as follows: 11.65% (1 year), N/A (3 years), N/A (5 years), N/A (10 years), and 7.10% since inception (January 2022).
Performance for Dynamic U.S. Balanced Class for the period ended December 31, 2024, is as follows: 26.46% (1 year), 7.19% (3 years), 12.51% (5 years), 10.14% (10 years), and 9.30% since inception (March 2011).
Performance for Dynamic Ultra Short-Term Bond Fund for the period ended December 31, 2024, is as follows: 4.87% (1 year), 3.54% (3 years), 2.45% (5 years), 1.56% (10 years), and 1.65% since inception (September 2013).
Performance for Scotia Diversified Balanced Fund for the period ended December 31, 2024, is as follows: 18.53% (1 year), 5.89% (3 years), 8.48% (5 years), 7.13% (10 years), and 6.91% since inception (May 1989).
Performance for Scotia Nasdaq Index Fund for the period ended December 31, 2024, is as follows: 34.95% (1 year), 13.10% (3 years), 21.01% (5 years), 19.22% (10 years), and 8.20% since inception (December 2000).
Performance for Scotia U.S. Equity Fund for the period ended December 31, 2024, is as follows: 39.41% (1 year), 12.48% (3 years), 19.24% (5 years), 15.62% (10 years), and 5.60% 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.