Scotia Global Asset Management cuts fees on select Scotia Essentials ETF Portfolio series
BNS•Scotia Global Asset Management will cut management fees on select Scotia Essentials ETF Portfolio series around Nov. 1, 2026, including Growth Series A/T fees to 1.5% from 1.6%. The portfolios will be rebranded around Oct. 30, 2026, and direct ETF exposure is set to reach at least 51% of net assets by March 31, 2027.
1. Fee and portfolio changes
Management fees will fall around Nov. 1, 2026. Maximum Growth Series A/T fees will drop to 1.55% from 1.7%, while Growth Series F/FT fees will decline to 0.75% from 0.95%. Scotia Essentials Portfolios will be rebranded as Scotia Essentials ETF Portfolios around Oct. 30, 2026; objectives and risk profiles will remain unchanged, and direct ETF exposure is set to rise to at least 51% of net assets by March 31, 2027.
2. Scotia Partners closure
Scotia Partners Portfolios will close to new investors on Oct. 30, 2026, but existing holders can continue adding to their positions.
