Scotia Asset Management has launched the Scotia Income Advantage Fund and the Scotia 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 counsel Goodman & Company. Oscar Belaiche and Michael McHugh will manage the Advantage Fund, while the Balanced fund will be managed by David Fingold and Michael McHugh.
Click here for the release from Canada Newswire.