Scotia Managed Companies terminating fund

By Staff | November 9, 2016 | Last updated on November 9, 2016
1 min read

Scotia Managed Companies Administration has announced that the Moneda LatAm Growth Fund will terminate after the close of business on November 29, 2016.

The manager has concluded it will no longer be economically practical to continue the fund after the annual redemption its units are processed. Accordingly, the company says it would be in the best interest of the unitholders to terminate the fund.

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.

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