TORONTO, ON - November 25, 2013 /CNW/ - Pinnacle Portfolios today announced name changes for a number of portfolios (the "Portfolios") to simplify and promote greater consistency within its lineup. 1832 Asset Management L.P. is the manager of the Pinnacle Portfolios.
The name changes and effective date are as follows:
Current Name | New Name | Effective Date | ||
Pinnacle Portfolios | ||||
Pinnacle Balanced Income Portfolio | Pinnacle Income Portfolio | December 2, 2013 | ||
Pinnacle Conservative Balanced Growth Portfolio | Pinnacle Balanced Portfolio | December 2, 2013 | ||
Pinnacle Conservative Growth Portfolio | Pinnacle Growth Portfolio | December 2, 2013 | ||
There will be no changes to the Portfolios' investment objectives or investment strategies as a result of the name changes.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the simplified prospectus before investing. Mutual funds are not guaranteed or insured by the Canada Deposit Insurance Corporation or any other government deposit insurer, their values change frequently and past performance may not be repeated.
About 1832 Asset Management L.P.
1832 Asset Management L.P. offers a range of wealth management solutions, including mutual funds, and investment solutions for private clients, institutional clients and managed asset programs. 1832 Asset Management L.P. is a limited partnership, the general partner of which is wholly owned by The Bank of Nova Scotia.
About Pinnacle Portfolios
Pinnacle Portfolios are available through ScotiaMcLeod®, a division of Scotia Capital Inc., which is wholly owned by Scotiabank. Scotia Capital Inc. is a member of the Canadian Investor Protection Fund and the Investment Industry Regulatory Organization of Canada.
About Scotiabank Global Wealth & Insurance
Scotiabank Global Wealth & Insurance (GWI) provides comprehensive advice and wealth solutions to clients in Canada and internationally. GWI has more than $130 billion in assets under management (AUM) and more than $300 billion in assets under administration (AUA). GWI also has, through its licensed insurance affiliates, in excess of eight million insurance policies in 30 countries. GWI further provides comprehensive business banking solutions on a global basis to corporate, commercial, and small business clients.
About Scotiabank
Scotiabank is a leading multinational financial services provider and Canada's most international bank. With more than 83,000 employees, Scotiabank and its affiliates serve some 21 million customers in more than 55 countries around the world. Scotiabank offers a broad range of products and services including personal, commercial, corporate and investment banking. Scotiabank distributes the Bank's media releases using CNW. With assets of $743 billion (as at July 31, 2013), Scotiabank trades on the Toronto (BNS) and New York Exchanges (BNS). For more information please visit www.scotiabank.com.
For more information about the Pinnacle Portfolios please visit www.scotiabank.com.
Joe Konecny
416-933-1795
joe.konecny@scotiabank.com