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A mutual fund1 is a type of investment in which the money of many investors are pooled together to buy a portfolio of different securities. The fund is managed by professional(s) Investment Managers who invest in stocks, bonds, options, money market instruments or other securities.
Mutual funds can help you in the execution of your financial plan that will grow your savings, while managing liquidity and risk.
Buy Locally. Invest Globally.
Scotiabank Mutual Funds provide you with the opportunity to invest in the global economy right from our Scotiabank branches.
With the ability to allocate your investments across the three asset classes - cash, income and growth - our mutual funds are a convenient and cost effective way to put your money to work. Professionally managed funds provide you with a simple way to access a wide range of diversified investment options.
Scotiabank Money Market Fund
Investment objective: To earn interest income and provide liquidity with a high level of safety by investing in high-quality, short-term securities and obligations.
Scotiabank US Dollar Bond Fund
Investment objective: To earn income and provide some potential for capital gains by investing primarily in US Dollar denominated securities and obligations.
Scotiabank US Growth Fund
Investment objective: Long-term capital growth by investing in securities that comprise the Standard & Poor's 500® Index.
Scotiabank Global Growth Fund
Investment objective: Long-term capital growth by investing in high-quality global securities. Investments may include equities, preferred stocks, debt issues and derivatives.
Scotiabank Canadian Growth Fund
Investment objective: Long-term capital growth by investing in growth-oriented, high-quality equity securities listed on Canadian stock exchanges.
General Information - Dealing Details
| Scotiabank Mutual Funds trade at Net Asset Value daily |
| Initial minimum investment in any combination of funds |
US$5,000 |
US$1,000* |
| Subsequent minimum investment |
US$1,000 |
US$100 (monthly) |
*Where a pre-authorized contribution (minimum US$100 per month) is also established.
Our Mutual Funds Sales Representatives (MFSRs) are available to discuss your needs. Visit your nearest Scotiabank branch for more information about these products, and how to easily transfer your existing business to Scotiabank.
1 Mutual funds are not insured with the Deposit Insurance Corporation
®Standard and Poor's, S&P and S&P 500 are trademarks of The McGraw-Hill Companies and have been licensed for use by The Bank of Nova Scotia and its subsidiary companies.
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