Effective immediately, Dynamic Funds has announced a change to the risk rating of Dynamic Strategic Gold Class from “medium” to “medium-to-high”.

The fund was identified as requiring a risk rating change during the course of an annual review of risk ratings performed by 1832 Asset Management L.P., manager of the Dynamic Funds.

The new rating does not reflect any changes to the investment objectives, strategies or management of the Fund.

The change to the risk rating is reflected in the simplified prospectus of the fund filed with Canadian securities regulators.

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