DYNAMIC ACTIVE ENHANCED YIELD COVER UNITSDYNAMIC ACTIVE ENHANCED YIELD COVER UNITSDYNAMIC ACTIVE ENHANCED YIELD COVER UNITS

DYNAMIC ACTIVE ENHANCED YIELD COVER UNITS

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Key stats


Assets under management (AUM)
‪510.20 M‬CAD
Fund flows (1Y)
‪240.52 M‬CAD
Dividend yield (indicated)
5.92%
Discount/Premium to NAV
0.2%

About DYNAMIC ACTIVE ENHANCED YIELD COVER UNITS


Issuer
The Bank of Nova Scotia
Brand
Dynamic
Expense ratio
0.74%
Home page
Inception date
Sep 7, 2022
Index tracked
No Underlying Index
Management style
Active
The fund provides concentrated exposure to the North American equity market in targeting equity securities issued by large-cap firms. It actively selects constituents using fundamental analysis while integrating ESG factors. The funds adviser considers each companys financial condition, quality of management, competitiveness in its industry, and the overall economy in the selection process, while considering ESG-related factors including its direct or indirect impacts to climate change, labor standards, and governance policies and procedures. Put and/or call options are also written on the selected securities, with the utilization of proprietary options and volatility analysis, to generate income. During market downturns, the fund may invest a substantial amount in cash and cash equivalents to preserve the capital.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of July 31, 2024
Exposure type
StocksBonds, Cash & Other
Cash
Stocks31.68%
Process Industries7.61%
Energy Minerals6.31%
Technology Services4.97%
Retail Trade4.43%
Health Technology3.46%
Health Services1.69%
Consumer Services0.83%
Transportation0.80%
Industrial Services0.69%
Electronic Technology0.31%
Bonds, Cash & Other68.32%
Cash70.13%
Miscellaneous−0.41%
Rights & Warrants−1.40%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows