Scotia Launches Four Asset Allocation ETFs With Temporary Zero Fees

Scotia Global Asset Management launched four all-in-one ETFs on October 26, offering diversified portfolios tailored to different risk profiles. The Scotia Conservative ETF (SBCN) allocates 40% to equities, the Balanced ETF (SBBA) 60%, the Growth ETF (SBGR) 80%, and the All-Equity ETF (SBEQ) 100%. The funds invest primarily in Scotia Index Tracker ETFs, providing exposure to Canadian and international markets through a single investment. Scotia is waiving management fees and absorbing certain expenses until October 31, 2027, targeting a 0.00% management expense ratio during the promotional period. Standard management fees of 0.15% will apply from November 2027. The launch strengthens competition in Canada's increasingly popular asset allocation ETF segment.