Scotia Asset Management has made a portfolio advisor change to Scotia Private Canadian Small Cap Pool.
Effective 1 August 2013 onwards, Van Berkom and Associates (VBA) is scheduled to become portfolio advisor for Scotia Private Canadian Small Cap Pool, replacing the current portfolio advisor.
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A specialised investment management firm, VBA manages small-cap stock portfolios for large North American pension funds, corporations, foundations, and endowment funds. VBA is based in Montreal and manages approximately US$2.1 billion in assets as at 30 April, 2013.
Scotia Asset Management’s manager selection process leverages the global research capabilities of investment management consultant, Northern Trust Corporation.
There will be no change to the investment objective of Scotia Private Canadian Small Cap Pool as a result of the portfolio advisor change.
Scotia Private Pools are a family of no-load mutual funds managed by Scotia Asset Management and are available through ScotiaMcLeod, a division of Scotia Capital, a wholly owned subsidiary of The Bank of Nova Scotia. Scotia Capital is a member of the Canadian Investor Protection Fund and the Investment Industry Regulatory Organisation of Canada.
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