TORONTO, Nov. 5, 2018 /CNW/ - Scotia Global Asset Management^TM today announced its intention to close four funds and the Advisor Series of 13 other funds, on or about January 25, 2019.  The complete list is as follows:

These Funds and Advisor Series are not available for purchase, including through pre-authorized contributions (PACs).

Unitholders of the above Funds and Advisor Series can redeem at any time. Advisor Series unitholders may also reclassify their units into another series of the same fund. In both cases, applicable redemption fees and sales charges payable to us will be waived. On the closure date, any remaining units will be redeemed for cash.

A notice will be mailed to all affected unitholders regarding the Fund and Advisor Series closures. For more information on these changes and to discuss investment options, unitholders should contact their financial advisors.  

Commissions, trailing commissions, management fees and expenses all may be associated with investments in the funds. Please read the prospectus before investing. Investments in the funds are not guaranteed; their values change frequently and past performance may not be repeated.

About Scotia Global Asset Management

Scotia Global Asset Management is a business name used by 1832 Asset Management L.P., a limited partnership, the general partner of which is wholly owned by Scotiabank. Scotia Global Asset Management offers a range of wealth management solutions, including mutual funds, and investment solutions for private clients, institutional clients and managed asset programs.

About Scotiabank

Scotiabank is Canada's international bank and a leading financial services provider in the Americas. We are dedicated to helping our 25 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of more than 96,000 employees and assets of $947 billion (as at July 31, 2018), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit www.scotiabank.com and follow us on Twitter @ScotiabankViews.

^TM Trademark of The Bank of Nova Scotia, used under license, where applicable.

SOURCE Scotiabank