The firm has launched four new funds on the TSX
A further four active exchange-traded funds have been added to the range of options offered by Dynamic Funds.
The Toronto-based firm’s new ETFs are focused on Canadian bonds, global equities, U.S. equities, and investment grade corporate bonds and are available on the TSX.
The new funds and their tickers are:
Dynamic Active Canadian Bond ETF (DXBC) - seeking to provide income while preserving capital through investment in an actively managed and diversified portfolio of primarily Canadian fixed income securities, it will be managed by Derek Amery, VP and senior portfolio manager, who has more than 20 years of investment industry experience with a focus on Canadian fixed income portfolio management.
Dynamic Active Global Equity Income ETF (DXGE) - seeking to provide income and long-term capital appreciation by investing primarily in equity securities globally that pay a dividend or distribution, it will be managed by the Equity Income Team's Ryan Nicholl, VP and portfolio manager, Thomas Dicker, VP and portfolio manager, and Jason Gibbs, VP and senior portfolio manager, who have more than 50 years of collective investment industry experience.
Dynamic Active U.S. Equity ETF (DXUS) - seeking to provide long-term capital appreciation by investing primarily in a broad range of U.S. equity securities, it will be managed by Vishal Patel, VP and portfolio manager, who has more than 18 years of industry experience covering a broad range of companies across multiple industries.
Dynamic Active U.S. Investment Grade Corporate Bond ETF (DXBU) - seeking to provide income and long-term capital appreciation and investing primarily in U.S. dollar denominated investment grade corporate bonds, it will be managed by Domenic Bellissimo, VP and portfolio manager and William Lytwynchuk, portfolio manager, who have 35 years of collective investment industry experience in fixed income.
"Since the first Dynamic Active ETFs were launched more than five years ago, the suite has continued to grow and has attracted considerable assets," says Mark Brisley, managing director, Dynamic Funds. "These ETFs further expand the Dynamic Active ETF toolbox and provide our clients with more options to diversify their portfolios."