Scotia Global Asset Management honoured to receive 25 awards at 2022 FundGrade A+® Awards
Scotia Global Asset Management’s investment teams were recognized with 25 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 for the exceptional results our investment teams achieved for clients across our multiple investment platforms, particularly during challenging markets,” said Neal Kerr, Head, Scotia Global Asset Management (Canada).
Scotia Global Asset Management’s award-winning mutual funds and ETFs for 2022 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 |
271 | 1/31/2018 |
| Dynamic Active Crossover Bond ETF (DXO) | High Yield Fixed Income | 191 | 1/31/2018 |
| Dynamic Active Preferred Shares ETF (DXP) | Preferred Share Fixed Income |
50 | 1/31/2018 |
| Dynamic Advantage Bond Fund | Canadian Fixed Income | 311 | 1/31/2013 |
| Dynamic Alternative Managed Risk Private Pool Class | Tactical Balanced | 174 | 1/31/2019 |
| Dynamic Canadian Dividend Fund | Canadian Dividend & Income Equity | 271 |
1/31/2013 |
| Dynamic Conservative Yield Private Pool | Global Fixed Income Balanced | 465 | 1/31/2016 |
| Dynamic Dividend Fund | Canadian Dividend & Income Equity | 271 |
1/31/2013 |
| Dynamic Global Yield Private Pool | Global Neutral Balanced |
950 | 1/31/2016 |
| Dynamic International Dividend Private Pool | International Equity | 399 | 1/31/2017 |
Dynamic North American Dividend Private Pool |
North American Equity | 81 | 1/31/2016 |
Dynamic Power Small Cap Fund |
Canadian Small/Mid Cap Equity |
126 | 1/31/2013 |
Dynamic Precious Metals Fund |
Precious Metals Equity | 45 | 1/31/2013 |
| Dynamic Preferred Yield Class | Preferred Share Fixed Income |
50 | 1/31/2014 |
| Dynamic U.S. Balanced Class | Global Equity Balanced |
735 | 1/31/2013 |
| Dynamic U.S. Monthly Income Fund | Global Equity Balanced | 735 | 1/31/2014 |
| DynamicEdge Conservative Class Portfolio | Global Fixed Income Balanced | 465 | 1/31/2013 |
DynamicEdge Growth Portfolio |
Global Equity Balanced |
735 | 1/31/2013 |
| Scotia Canadian Balanced Fund | Canadian Neutral Balanced | 290 | 1/31/2013 |
| Scotia Canadian Dividend Fund | Canadian Dividend & Income Equity | 271 |
1/31/2013 |
| Scotia Canadian Equity Fund | Canadian Focused Equity |
365 | 1/31/2013 |
| Scotia Diversified Balanced Fund* | Tactical Balanced |
174 | 1/31/2013 |
Scotia Nasdaq Index Fund** |
U.S. Equity |
836 |
1/31/2013 |
| Scotia Resource Fund | Natural Resources Equity |
71 | 1/31/2013 |
Scotia Selected Maximum Growth Portfolio |
Global Equity Balanced |
735 |
1/31/2013 |
The FundGrade calculation date for the awards is December 31, 2022.
*
Scotia Diversified Balanced Fund is sub-advised by Connor, Clark & Lunn Investment Management.
**
Scotia Nasdaq Index Fund is sub-advised by State Street Global Advisors, Ltd.
About the Fundata FundGrade A+® Awards
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, 2022 is as follows: -1.56% (1 year), 10.56% (3 years), 9.51% (5 years), N/A (10 years), and 10.15% since inception (January 2017).
Performance for Dynamic Active Crossover Bond ETF (DXO) for the period ended December 31, 2022 is as follows: -12.08% (1 year), 0.47% (3 years), 2.42 (5 years), N/A (10 years), and 2.98% since inception (January 2017).
Performance for Dynamic Active Preferred Shares ETF (DXP) for the period ended December 31, 2022 is as follows: -15.52% (1 year), 4.49% (3 years), 1.39 (5 years), N/A (10 years), and 3.48% since inception (January 2017).
Performance for Dynamic Advantage Bond Fund for the period ended December 31, 2022 is as follows: -12.18% (1 year), -1.86% (3 years), -0.21% (5 years), 0.56% (10 years), and 1.78% since inception (November 2000).
Performance for Dynamic Alternative Managed Risk Private Pool Series A for the period ended December 31, 2022 is as follows: -6.07% (1 year), 4.56% (3 years), N/A (5 years), N/A (10 years), and 5.83% since inception (October 2018).
Performance for Dynamic Canadian Dividend Fund Series A for the period ended December 31, 2022 is as follows: -3.29% (1 year), 9.18% (3 years), 6.67% (5 years), 7.71% (10 years), and 8.28% since inception (June 1978).
Performance for Dynamic Conservative Yield Private Pool for the period ended December 31, 2022 is as follows: -10.93% (1 year), -0.11% (3 years), N/A (5 years), N/A (10 years), and 2.28% since inception (October 2018).
Performance for Dynamic Dividend Fund Series A for the period ended December 31, 2022 is as follows: -3.8% (1 year), 6.3% (3 years), 6.4% (5 years), 8.70% (10 years), and 8.30% since inception (August 1985).
Performance for Dynamic Global Yield Private Pool for the period ended December 31, 2022 is as follows: -10.10% (1 year), 1.66% (3 years), N/A (5 years), N/A (10 years), and 4.21% since inception (October 2018).
Performance for Dynamic International Dividend Private Pool for the period ended December 31, 2022 is as follows: -17.99% (1 year), 1.37% (3 years), N/A (5 years), N/A (10 years), and 5.57% since inception (October 2018).
Performance for Dynamic North American Dividend Private Pool for the period ended December 31, 2022 is as follows: -0.75% (1 year), 7.42% (3 years), N/A (5 years), N/A (10 years), and 9.23% since inception (October 2018).
Performance for Dynamic Power Small Cap Fund Series A for the period ended December 31, 2022 is as follows: -20.33% (1 year), 14.91% (3 years), 9.47% (5 years), 7.59% (10 years), and 6.70% since inception (December 1995).
Performance for Dynamic Precious Metals Fund Series A for the period ended December 31, 2022 is as follows: -16.89% (1 year), 7.89% (3 years), 9.88% (5 years), 4.66% (10 years), and 6.90% since inception (January 1984).
Performance for Dynamic Preferred Yield Class Series A for the period ended December 31, 2022 is as follows: -16.02% (1 year), 3.66% (3 years), 0.69% (5 years), N/A (10 years), and 2.21% since inception (April 2013).
Performance for Dynamic U.S. Balanced Class Series A for the period ended December 31, 2022 is as follows: -22.13% (1 year), 4.46% (3 years), 7.01% (5 years), 8.21% (10 years), and 6.73% since inception (March 2011).
Performance for Dynamic U.S. Monthly Income Fund Series A for the period ended December 31, 2022 is as follows: -5.97% (1 year), 3.68% (3 years), 5.31% (5 years), N/A (10 years), and 6.60% since inception (September 2013).
Performance for DynamicEdge Conservative Class Portfolio for the period ended December 31, 2022 is as follows: -11.89% (1 year), -0.29% (3 years), 1.41% (5 years), 3.36% (10 years), and 3.32% since inception (February 2012).
Performance for DynamicEdge Growth Portfolio for the period ended December 31, 2022 is as follows: -17.26% (1 year), 3.14% (3 years), 4.15% (5 years), 7.13% (10 years), and 5.16% since inception (February 2008).
Performance for Scotia Canadian Balanced Fund Series A for the period ended December 31, 2022 is as follows: -7.15% (1 year), 3.67% (3 years), 3.91% (5 years), 5.72% (10 years), and 5.89% since inception (June 1990).
Performance for Scotia Canadian Dividend Fund Series A for the period ended December 31, 2022 is as follows: -3.08% (1 year), 6.11% (3 years), 6.72% (5 years), 8.98% (10 years), and 9.31% since inception (December 1992).
Performance for Scotia Canadian Equity Fund Series A for the period ended December 31, 2022 is as follows: -6.03% (1 year), 7.95% (3 years), 6.59% (5 years), 9.36% (10 years), and 5.99% since inception (December 1986).
Performance for Scotia Diversified Balanced Fund* for the period ended December 31, 2022 is as follows: -9.84% (1 year), 4.48% (3 years), 4.59% (5 years), 6.49% (10 years), and 6.47% since inception (April 1989).
Performance for Scotia Nasdaq Index Fund Series A for the period ended December 31, 2022 is as follows: -28.48% (1 year), 8.66% (3 years), 12.32% (5 years), 18.02% (10 years), and 5.56% since inception (December 2000).
Performance for Scotia Resource Fund Series A for the period ended December 31, 2022 is as follows: 13.61% (1 year), 13.17% (3 years), 8.65% (5 years), 7.24% (10 years), and 5.03% since inception (July 1993).
Performance for Scotia Selected Maximum Growth Portfolio for the period ended December 31, 2022 is as follows: -13.32% (1 year), 4.80% (3 years), 4.91% (5 years), 7.98% (10 years), and 5.95% since inception (April 2003).