{"id":289314,"date":"2012-06-04T13:30:00","date_gmt":"2012-06-04T18:30:00","guid":{"rendered":"https:\/\/www.investmentexecutive.com\/uncategorized\/scotia-corporate-class-funds-launched\/"},"modified":"2012-06-04T13:30:00","modified_gmt":"2012-06-04T18:30:00","slug":"scotia-corporate-class-funds-launched","status":"publish","type":"post","link":"https:\/\/www.investmentexecutive.com\/news\/products\/scotia-corporate-class-funds-launched\/","title":{"rendered":"Scotia Corporate Class Funds launched"},"content":{"rendered":"

\n\tScotia Asset Management L.P. Monday announced the launch of Scotia Corporate Class Funds, a tax-smart solution for retail investors’ non-registered assets.<\/p>\n

\n\tThe new funds are designed to offer investors tax-deferred switching and rebalancing, the potential for smaller taxable distributions and a means for tax-efficient income investing.<\/p>\n

\n\tScotia Corporate Class Funds are comprised of Scotia INNOVA Portfolios, ScotiaFunds’ premium portfolio solution, and select stand-alone mandates.<\/p>\n

\n\t“The ability to access Scotia INNOVA Portfolios through this new corporate class structure allows our clients to manage their entire investment portfolio easily and more effectively,” said Neil Macdonald, managing director, Scotia Asset Management, in a release.<\/p>\n

\n\tEach fund is offered as a separate class of shares within the corporation. Investors can switch from one class of shares to another without triggering an immediate taxable event.<\/p>\n

\n\tThe following Scotia Corporate Class Portfolio have a $50,000 minimum initial purchase:<\/p>\n