Goodwood Inc. Update

TORONTO, Jan. 2, 2013 /CNW/ - Goodwood Inc. wishes to correct a statement made in its press release dated December 31, 2012.  The year-to-date return as of December 28, 2012 of the designated benchmark* for the Goodwood Capital Fund is +8.9% and not +5.0%.


Goodwood Inc. (www.goodwoodfunds.com) was founded in 1996 with a value investment methodology that would be repeatable over time.  Goodwood uses a bottom-up, value-oriented, active and often event-driven approach to investing with the objective to achieve above average performance by investing in companies below an estimate of their true, underlying worth.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments.  Please read the prospectus before investing.  Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

*Designated Benchmark: 50% S&P/TSX Composite Total Return Index + 50% S&P 500 Index (C$)

SOURCE: Goodwood Inc.