Dynamic Funds also renames two products while keeping investment objectives and strategies unchanged
Dynamic Funds has introduced US dollar units for three of its Dynamic Active ETFs.
The ETFs:
- Dynamic Active US Equity ETF
- Dynamic Active US Dividend ETF
- Dynamic Active Global Dividend ETF
These units are listed on the Toronto Stock Exchange (TSX) starting September 27. The management fees for the US dollar units remain the same as those for the existing Canadian dollar units.
Dynamic Funds has also announced name changes for two of its products, effective the same day.
The Dynamic Active Investment Grade Floating Rate ETF (DXV) has been renamed Dynamic Active Ultra Short Term Bond ETF (DXV), while the Dynamic Investment Grade Floating Rate Fund is now called Dynamic Ultra Short Term Bond Fund.
Despite these name changes, the investment objectives and strategies for both the ETF and mutual fund remain unchanged, and the ETF's ticker symbol (DXV) is not affected.
