Scotia Global Asset Management honoured to be recognized at the
2022 Refinitiv Lipper Fund Awards
Scotia Global Asset Management is pleased to announce it has been recognized with a 2022 Refinitiv Lipper ETF Group Award for Best Bond Group over three years under the Dynamic Funds brand.
In addition, Scotia Global Asset Management’s investment teams also received recognition by Refinitiv Lipper with 7 individual mutual fund and ETF awards across 6 categories. These awards are granted to investment solutions “that have excelled in delivering consistently strong risk-adjusted performance relative to their peers,” according to Refinitiv Lipper, which Scotia Global Asset Management delivers to its clients across its multiple investment platforms.
"We are honoured to be recognized at the Refinitiv Lipper Fund Awards, particularly during this challenging year,” said Neal Kerr, Head, Scotia Global Asset Management. “Congratulations to our investment teams for delivering these outstanding results across our ScotiaFunds and Dynamic Funds brands.”
The Lipper Award for Best Bond ETF Group for the three-year period ending July 31, 2022, was based on risk-adjusted performance for the following Dynamic Active ETFs: Dynamic Active Crossover Bond ETF, Dynamic Active Investment Grade Floating Rate ETF and Dynamic Active Tactical Bond ETF.
The winning individual Funds and ETFs for the following periods ending July 31, 2022, are:
Mutual Fund/ETF name |
Category |
Period recognized |
Fund count |
|---|---|---|---|
Dynamic Active Crossover Bond ETF |
High Yield Fixed Income |
5 years |
10 |
Dynamic Precious Metals Fund |
Precious Metals Equity |
3 years |
12 |
Dynamic Precious Metals Fund |
Precious Metals Equity |
5 years |
12 |
Dynamic U.S. Balanced Class |
Global Equity Balanced |
5 years |
148 |
Scotia Canadian Small Cap Fund |
Canadian Small/Mid Cap Equity |
5 years |
31 |
Scotia Diversified Balanced Fund* |
Tactical Balanced |
10 years |
18 |
Scotia Nasdaq Index Fund** |
U.S. Equity |
10 years |
95 |
*Scotia Diversified Balanced Fund is sub-advised by Connor, Clark & Lunn Investment Management Ltd.
**Scotia Nasdaq Index Fund is sub-advised by State Street Global Advisors, Limited.
Performance for Dynamic Active Investment Grade Floating Rate ETF for the period ended October 31, 2022 is as follows: -0.52 % (1 year), 1.28% (3 years), and 1.56% (since inception March 2018).
Performance for Dynamic Active Tactical Bond ETF for the period ended October 31, 2022 is as follows: -10.41 % (1 year), -3.03% (3 years), -0.19% (5 years), and 0.07% (since inception September 2017).
Performance for Dynamic Active Crossover Bond ETF for the period ended October 31, 2022 is as follows: -12.87% (1 year), 0.15% (3 years), 2.02% (5 years), and 2.74% (since inception January 2017). The corresponding Lipper Leader ratings of the fund for the period ending July 31, 2022 are as follows: 5 (3 years), 5 (5 years), N/A (10 years).
Performance for Dynamic Precious Metals Fund, Series F, for the period ended October 31, 2022 is as follows: -23.36% (1 year), 5.24% (3 years), 8.73 % (5 years), 2.61% (10 years), 4.14% (since inception January 2007). The corresponding Lipper Leader ratings of the fund for the period ending July 31, 2022 are as follows: 5 (3 years), 5 (5 years), 5 (10 years).
Performance for Dynamic U.S. Balanced Class, Series F, for the period ended October 31, 2022 is as follows: -17.61% (1 year), 6.12% (3 years), 8.19% (5 years), 9.41% (10 years), and 7.93% (since inception March 2011). The corresponding Lipper Leader ratings of the fund for the period ending July 31, 2022 are as follows: 5 (3 years), 5 (5 years), 5 (10 years).
Performance for Scotia Canadian Small Cap Fund, Series F, for the period ended October 31, 2022 is as follows: -18.45% (1 year), 18.08% (3 years), 10.96% (5 years), and 7.75% (since inception November 2000). The corresponding Lipper Leader ratings of the fund for the period ending July 31, 2022 are as follows: 5 (3 years), 5 (5 years), N/A (10 years).
Performance for Scotia Diversified Balanced Fund, Series F, for the period ended October 31, 2022 is as follows: -8.03% (1 year), 5.71% (3 years), 5.26% (5 years), 7.40% (10 years), and 5.68% (since inception March 2001). The corresponding Lipper Leader ratings of the fund for the period ending July 31, 2022 are as follows: 5 (3 years), 5 (5 years), 5 (10 years).
Performance for Scotia Nasdaq Index Fund, Series F, for the period ended October 31, 2022 is as follows: -20.72% (1 year), 13.33% (3 years), 13.85% (5 years), 19.11% (10 years), and 18.08% (since inception May 2010). The corresponding Lipper Leader ratings of the fund for the period ending July 31, 2022 are as follows: 5 (3 years), 5 (5 years), 5 (10 years).
About the Refinitiv Lipper Fund Awards
The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The highest 20% of funds in each classification are named Lipper Leaders for Consistent Return and receive a rating of 5; the next 20% receive a rating of 4; the middle 20% are rated 3; the next 20% are rated 2; and the lowest 20% are rated 1. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information, see lipperfundawards.com. Lipper Leader ratings are subject to change every month. Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments, including 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.
Refinitiv Lipper Fund Awards, ©2022 Refinitiv. All rights reserved. Used under license.