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Canadian Wealth Management Firm Rolls Out Two "Dynamic" Global Funds

Austin Freitas

2 December 2013

Dynamic Funds, the wealth management division of 1832 Asset Management, has launched the Dynamic Global Balanced Fund and Dynamic Global Equity Fund, both to be managed by investment manager Dana Love.

The Dynamic Global Balanced Fund will seek long-term capital growth and income through investing in equity securities and debt obligations of businesses located primarily outside of Canada by focusing, when selecting equity securities, on companies with strong business franchises. Love will be responsible for the portfolio's equity portion, as well as the overall asset allocation policy. The fund's global fixed income component will be sub-advised by PIMCO Canada Corp.

Similarly to the former, the Dynamic Global Equity Fund will look for long-term capital growth through investing in equity securities of businesses located outside of Canada with strong business franchises as well. Love will concentrate the portfolio of high quality equities from anywhere in the world based on his evaluation of company fundamentals, sustainable competitive advantage, and valuation. 

Additionally, effective December 1, 2013, Dynamic Strategic Global Bond Fund will be renamed Dynamic Strategic Bond Fund to reflect the fund's flexible investment mandate, the firm said.