Dynamic Funds announces securityholder approval for fund mergers and other changes and June 2025 cash distributions for Dynamic Active ETFs and ETF Series

Dynamic Funds announces securityholder approval for fund mergers and other changes and June 2025 cash distributions for Dynamic Active ETFs and ETF Series

TORONTO, June 18, 2025 /CNW/ - 

Securityholder approval for Dynamic Funds mergers

1832 Asset Management L.P., as manager of Dynamic Funds (the "Manager"), today announced that it has received securityholder approval at the special meetings of the securityholders held on June 18, 2025, to merge certain funds (the "Mergers"). The Mergers are expected to take effect on or about July 18, 2025.

The following mutual funds (each, a "Terminating Fund") will be merged into the corresponding mutual fund (each, a "Continuing Fund") set out below:

Additional information concerning the Mergers is contained in the meeting materials that were mailed to securityholders in connection with the special meetings and which are also available on www.sedarplus.com and at www.dynamic.ca/securityholdervote.

Securityholder approval for Dynamic Strategic Resource Class – Investment Objective and Reference Index Change

The Manager today announced that it has received securityholder approval to change the investment objective and the reference index for the performance fee and benchmark of Dynamic Strategic Resource Class, which will be renamed to Dynamic Strategic Mining Class. These changes are anticipated to be implemented on or about July 11, 2025.

The investment objective of the fund will be changed to:

Dynamic Strategic Mining Class seeks to provide long-term capital appreciation by investing primarily in global equity securities of companies involved in the exploration, development and production of physical commodities such as precious metals, base metals, critical minerals, uranium, rare earths and/or ferrous metals.

The reference index for the performance fee and benchmark of the fund will be changed to MSCI World Metals and Mining Index (C$).

Additional information concerning the investment objective and performance fee reference index changes is contained in the meeting materials that were mailed to securityholders in connection with the special meetings and which are also available on www.sedarplus.com and at www.dynamic.ca/securityholdervote.

June 2025 cash distributions for Dynamic Active ETFs and ETF Series

Dynamic Funds today announced the June 2025 cash distributions for the Dynamic Active ETFs and ETF series units of certain Dynamic Funds (ETF Series) listed on the TSX, which pay on a monthly or quarterly basis. Unitholders of record on June 25, 2025 will receive cash distributions for the respective Dynamic Active ETFs and ETF Series payable on June 30, 2025. The details of the cash distribution amounts per unit are as follows:

Commissions, trailing commissions, management fees and expenses may be associated with mutual fund investments, including exchange-traded funds (ETFs). Please read the prospectus before investing. The securities held by an ETF can change at any time without notice. Mutual funds and ETFs are not guaranteed, their values change frequently, and past performance may not be repeated. For more information about Dynamic Funds, please visit the Dynamic Funds website.

About Dynamic Funds

Dynamic Funds is a division of 1832 Asset Management L.P., which offers a range of wealth management solutions, including mutual funds, actively managed ETFs, liquid alternative mutual funds and investment solutions for private clients, institutions and managed asset programs. 1832 Asset Management L.P. is a limited partnership, the general partner of which is wholly owned by Scotiabank. Dynamic Funds® is a registered trademark of The Bank of Nova Scotia, used under license by 1832 Asset Management L.P.

© Copyright 2025 The Bank of Nova Scotia. All rights reserved.

Website: www.dynamic.ca |Twitter: @DynamicFunds | LinkedIn: https://www.linkedin.com/company/dynamic-funds/ 

SOURCE Dynamic Funds