Dynamic expands private investment pools lineup

“In response to growing demand since their introduction last year, an expanded Dynamic Private Investment Pools offering can help advisors construct better client portfolios in areas where legitimately active management has shown its value, such as in international equities, as well as income and dividend investing.” said Jordy Chilcott, president and CEO, Dynamic Funds.

See: Dynamic launches private investment pools

The following new Dynamic Private Investment Pools will be available on March 9:

Dynamic Conservative Yield Private Pool and Dynamic Conservative Yield Private Pool Class provide access to several different income-producing strategies under a conservative asset allocation mix. The pools are managed by 1832 Asset Management L.P., with a portion sub-advised by Aurion Capital Management Inc. The pools seek to achieve income and some long-term capital appreciation by investing primarily in a diversified portfolio of fixed income and income-oriented equity securities from around the world. The Class version offers certain tax advantages within a corporate class structure.

Dynamic North American Dividend Private Pool is focused on identifying undervalued dividend-paying securities with an ability to grow their dividend, principally in Canada and the U.S. The pool is managed by Cecilia Mo of 1832 Asset Management and seeks to provide income and long-term capital appreciation by investing primarily in equity securities of dividend or distribution paying companies that are located or doing business primarily in North America.

Dynamic Tactical Bond Private Pool employs a flexible total return approach that has the freedom to invest across the full spectrum of the fixed-income universe while maintaining an average credit rating of A- or better. The pool is managed by Christine Horoyski of Aurion Capital and seeks to provide income and some long-term capital returns from an actively managed diversified portfolio of primarily fixed income securities.

Dynamic International Dividend Private Pool is a core international equity portfolio of high quality dividend-paying business franchises. The pool is managed by Dana Love of 1832 Asset Management and seeks to provide income and long-term capital appreciation by investing primarily in equity securities of dividend or distribution paying companies that are located or doing business primarily outside of North America.

Enhancements and other changes

To address investors’ cash flow requirements, Series FT will be available on Dynamic Asset Allocation Private Pool and Dynamic Global Yield Private Pool Class, effective in March 2015. Series FT securities are intended for investors seeking stable monthly distributions.

Effective March 9, Dynamic U.S. Equity Private Pool will be managed by Cecilia Mo and Noah Blackstein of 1832 Asset Management, with no changes to the pool’s investment objective or strategies. In addition, the pool will reduce its management fee to 75 basis points.

Dynamic Funds is a division of 1832 Asset Management L.P., a limited partnership, the general partner of which is wholly owned by Bank of Nova Scotia.