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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.