DYNAMIC ACTIVE CANADIAN BOND ETF UNITDYNAMIC ACTIVE CANADIAN BOND ETF UNITDYNAMIC ACTIVE CANADIAN BOND ETF UNIT

DYNAMIC ACTIVE CANADIAN BOND ETF UNIT

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Key stats


Assets under management (AUM)
‪51.87 M‬CAD
Fund flows (1Y)
‪33.37 M‬CAD
Dividend yield (indicated)
3.14%
Discount/Premium to NAV
0.09%

About DYNAMIC ACTIVE CANADIAN BOND ETF UNIT


Issuer
The Bank of Nova Scotia
Brand
Dynamic
Home page
Inception date
Oct 24, 2023
Index tracked
No Underlying Index
Management style
Active
The fund provides diversified exposure to Canadian bond markets. The portfolio consists of Canadian investment grade fixed income securities issued by federal or provincial governments and corporations. The fund employs a disciplined approach to manage risk in response to movements in the level of bond yields and the shape of the yield curve. The adviser actively manages the portfolios duration and yield curve exposure based on fundamental and technical analysis of debt markets. In addition, the adviser adjusts sector weightings and performs independent corporate credit quality assessment to optimize the funds risk/return profile. The fund aims for an overall weighted average credit rating of A or better, as rated by S&P or the equivalent by another major North American credit rating agency. The adviser may also employ hedging strategies to generate positive returns and/or protect the portfolio against currency fluctuations, interest rate changes, and credit risk.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Investment grade
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

What's in the fund


As of August 30, 2024
Exposure type
StocksBonds, Cash & Other
Corporate
Government
Stocks0.19%
Finance0.19%
Bonds, Cash & Other99.81%
Corporate71.99%
Government26.43%
Cash1.16%
Securitized0.23%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows