DYNAMIC ACTIVE CORPORATE BOND ETF UNITDYNAMIC ACTIVE CORPORATE BOND ETF UNITDYNAMIC ACTIVE CORPORATE BOND ETF UNIT

DYNAMIC ACTIVE CORPORATE BOND ETF UNIT

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Key stats


Assets under management (AUM)
‪10.45 M‬CAD
Fund flows (1Y)
Dividend yield (indicated)
4.63%
Discount/Premium to NAV
0.2%

About DYNAMIC ACTIVE CORPORATE BOND ETF UNIT


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 primarily invests in investment grade corporate bonds, aiming to maintain a BBB- or above average credit rating. It has the flexibility to hold up to 25% non-investment grade securities and unrated securities, which are deemed equivalent to a certain credit rating by the adviser. The fund utilizes a total return portfolio approach, based on debt market analysis, including asset allocation, credit selection, duration and yield curve management. Derivatives are used for various purposes such as hedging, protection against foreign currencies, interest changes, credit risk, gaining exposure to securities and markets, and income generation. The fund has the ability to invest up to 49% of its assets in foreign securities outside of North America and may hold cash for strategic reasons.

Classification


Asset Class
Fixed income
Category
Corporate, 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