Scotia Institutional Asset Management has launched the Scotia Institutional Credit Absolute Return Fund. The fund is designed to maximize absolute returns over a complete market cycle through investment in diversified long and short positions, investing primarily in North American fixed-income and credit markets while seeking to mitigate volatility and interest rate risk.

The fund is managed with the goal of generating absolute returns in excess of 90-day Treasury Bills in Canada.

The fund is aimed at institutional and private client investors who wish to access a credit absolute-return strategy.

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