DYNAMIC ACTIVE BOND ETF UNITSDYNAMIC ACTIVE BOND ETF UNITSDYNAMIC ACTIVE BOND ETF UNITS

DYNAMIC ACTIVE BOND ETF UNITS

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Key stats


Assets under management (AUM)
‪17.32 M‬CAD
Fund flows (1Y)
‪1.50 M‬CAD
Dividend yield (indicated)
4.24%
Discount/Premium to NAV
0.2%

About DYNAMIC ACTIVE BOND ETF UNITS


Issuer
The Bank of Nova Scotia
Brand
Dynamic
Inception date
Oct 31, 2024
Index tracked
No Underlying Index
Management style
Active
The fund is actively managed and follows a strategy that involves a diversified portfolio of government-issued and investment grade corporate bonds. It aims to maintain a weighted average credit rating of BBB- or higher. The fund has the flexibility to invest in a wide range of fixed income securities, with a maximum allocation of 25% to non-investment grade rated securities. Unrated securities are assessed by the portfolio adviser. Additionally, the fund invests in various debt and fixed income securities and debt-like instruments. The portfolio adviser utilizes a total return portfolio approach, employing fundamental and technical analysis of the debt markets. The strategy also includes the use of derivatives, investment in foreign securities outside of North America up to 49% of its assets, and holding cash and cash equivalents for strategic reasons.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Broad credit
Niche
Broad maturities
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows