TORONTO, May 2 /CNW/ - Goodman & Company, Investment Counsel Ltd.
("Goodman & Company"), the manager of Dynamic Global Energy Class (the
"Fund"), today announced that certain amendments have been made to the
Fund. Effective today, the Fund's simplified prospectus and annual
information form have been amended to reflect that the Fund may trade
in standardized futures contracts on the New York Mercantile Exchange
where the underlying interests are in sweet crude oil or natural gas,
for hedging and non-hedging purposes, primarily as a means of reducing
the volatility that can result from the changing prices of securities
of issuers in the oil and gas sector. The Fund's ability to trade in
standardized futures contracts in this manner is a result of exemptive
relief obtained from the Canadian securities regulatory authorities.
Furthermore, effective today the Fund's name has been changed to
"Dynamic Strategic Energy Class".
The Fund's investment objective of providing long-term capital growth
primarily through a diversified portfolio of energy, alternative energy
or related companies from around the globe remains unchanged.
About Dynamic Funds
Dynamic Funds is a division of Goodman & Company, Investment Counsel
Ltd., a subsidiary of DundeeWealth Inc. Goodman & Company offers a wide
range of wealth management solutions through financial advisors. These
include the mutual funds and hedge funds of Dynamic Funds, the
portfolio solutions of the Marquis Investment Program and the high net
worth investment counsel of DundeeWealth Investment Counsel (formerly,
Goodman Private Wealth Management). DundeeWealth Inc. is a wholly owned
subsidiary of The Bank of Nova Scotia and part of the Bank's Global
Wealth Management business line.
Caution regarding forward-looking statements
Certain portions of this news release may contain forward-looking
statements about the Fund. Forward-looking statements include
statements that are predictive in nature, that depend upon or refer to
future events or conditions, or that include words such as "expects",
"anticipates", "intends", "plans", "believes", "estimates" and similar
forward-looking expressions or negative versions thereof. In addition,
any statement that may be made concerning future performance,
strategies or prospects, and possible future action by the Fund is also
a forward-looking statement. Forward-looking statements are inherently
subject to, among other things, risks and uncertainties, some of which
may be unforeseeable. Accordingly, assumptions concerning future
economic and other factors may prove to be incorrect at a future date.
Forward-looking statements are not guarantees of future performance, and
actual events could differ materially from those expressed or implied
in any forward-looking statements made by the Fund. Any number of
important factors could contribute to these digressions, including, but
not limited to, failure to shareholder approval of the matters
described herein or failure to receive all required regulatory
approvals to implement the matters. We stress that the above mentioned
list of important factors is not exhaustive.
We encourage you to consider these and other factors carefully before
making any investment decisions and we urge you to avoid placing any
undue reliance on forward-looking statements. Further, you should be
aware of the fact that the Fund does not have any specific intention of
updating any forward-looking statements whether as a result of new
information, future events or otherwise, except as required by law. For
a complete disclosure record for the Fund, please visit its profile at www.sedar.com.
For further information:
Customer Relations Centre Myra Reisler
Goodman & Company, Investment Counsel Ltd. Media Relations
1-800-268-8186 or www.dynamic.ca (416) 365-5370