Dynamic Funds Monday announced the launch of Dynamic Private Investment Pools, an exclusive suite of investment products for advisors operating on a fee-based platform, including those licensed as portfolio managers.
The pools use active management as their foundation and are constructed as diversified yet focused, multi-investment strategy pools managed by Dynamic’s portfolio managers. The pools are optimized for the complementary style of each portfolio manager and undergo a monitoring process where asset class and manager allocations are assessed regularly.
The pools offer nine mandates representing a broad range of key asset classes:
- Dynamic Active Core Bond Private Pool;
- Dynamic Active Credit Strategies Private Pool;
- Dynamic Global Yield Private Pool;
- Dynamic Global Yield Private Class;
- Dynamic Asset Allocation Private Pool;
- Dynamic Alternative Investments Private Pool Class;
- Dynamic Canadian Equity Private Pool Class;
- Dynamic U.S. Equity Private Pool Class; and
- Dynamic Global Equity Private Pool Class.
As an exclusive offering, the pools have competitive management fees at a minimum investment threshold of $150,000 per pool, with further preferred pricing on higher investment levels, and the ability to aggregate household assets to reach minimum levels.
The pools have feature fixed administration fees, abd certain pools also offer tax-efficient and monthly income options.
“As a growing number of advisors attain their discretionary portfolio manager license in response to a more competitive landscape and the wider movement toward a fee-based practice, we have been actively listening to these advisors and designed Dynamic Private Investment Pools with their clients’ specific needs in mind,” said Jordy Chilcott, president and Chief Executive Officer (CEO), Dynamic Funds, in a release.
Dynamic Funds is a division of 1832 Asset Management L.P., which is a limited partnership, the general partner of which is wholly owned by Bank of Nova Scotia.