- Dynamic Funds (TSX:DXBG) has launched three new ETF series of existing mutual funds, which will be listed on the TSX on Friday
- This move aims to enhance accessibility for advisors and investors, providing them with more flexible investment options
- Both the Dynamic Short-Term Credit PLUS Fund and the Dynamic Credit Opportunities Fund are classified as liquid alternative mutual funds, offering investors unique strategies to navigate various market conditions
- Dynamic Funds stock (TSX:DXBG) last traded at C$20.00
Dynamic Funds (TSX:DXBG) has launched three new ETF series of existing mutual funds, which will be listed on the TSX on Friday. This move aims to enhance accessibility for advisors and investors, providing them with more flexible investment options.
The newly launched ETF series include:
- Dynamic Global Fixed Income Fund (DXBG)
- Dynamic Short-Term Credit PLUS Fund (DXCP)
- Dynamic Credit Opportunities Fund (DXCO)
Both the Dynamic Short-Term Credit PLUS Fund and the Dynamic Credit Opportunities Fund are classified as liquid alternative mutual funds, offering investors unique strategies to navigate various market conditions.
By introducing these ETF series, the firm aims to provide greater liquidity and transparency, making it easier for investors to manage their portfolios effectively.
“Our new actively managed ETFs provide investors with more choice to access our proven investment solutions in global fixed income and fixed income liquid alternatives to meet their investment goals.” Dynamic Funds’ Managing Director, Mark Brisley said in a news release.
ETFs can be a smart choice for beginners and can be a simple way to diversify a portfolio, since they typically hold a mix of stocks or bonds, reducing risk compared to investing in individual securities. They can be a good way to get into the market, since they trade like stocks and are often cheaper than mutual funds.
Dynamic Funds, a division of 1832 Asset Management, offers a range of wealth management solutions, including mutual funds, actively managed ETFs, liquid alternative mutual funds, and investment solutions for private clients, institutional clients and managed asset programs. 1832 Asset Management L.P. is a limited partnership, the general partner of which is wholly owned by Scotiabank.
Dynamic Funds stock (TSX:DXBG) last traded at C$20.00.
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