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Scotia Unveils Two New Mutual Funds

Scotia Asset Management has launched the Scotia Income Advantage Fund and the Scotia U.S. $ Balanced Fund.

    Scotia Asset Managementhas launched theScotia Income Advantage Fundand theScotia U.S. $ Balanced Fund. The Advantage Fund will invest in fixed income and income oriented equities, while the Balanced Fund will invest in a combination of fixed income and equity securities that are denominated in U.S. dollars.

    Both the funds are sub-advised by investment counselGoodman & Company.Oscar BelaicheandMichael McHughwill manage the Advantage Fund, while the Balanced fund will be managed byDavid FingoldandMichael McHugh.

    Click here for the release fromCanada Newswire.

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