Dynamic Funds® launches Dynamic U.S. Dividend Advantage Fund

TORONTO, May 13, 2013 /CNW/ - Dynamic Funds, managed by GCIC Ltd., announced today the launch of Dynamic U.S. Dividend Advantage Fund (the "Fund").  This new fund offers Canadian investors the stability and growth potential of U.S. dividend-paying equities.

The Fund seeks to provide income and long-term capital appreciation by investing primarily in U.S. equity securities that pay a dividend or distribution.  The Fund will be managed by industry veteran and award-winning portfolio manager Cecilia Mo.  Ms. Mo has over 17 years of investment experience and has established a strong track record of managing North American equity securities.

"The U.S. market is home to a significant number of the world's most important and innovative companies, many of whom reward shareholders with dividends," said Mr. Jordy Chilcott, President & Chief Executive Officer, GCIC Ltd.  "This Fund will give Canadian investors exposure to these investment opportunities along with its many diversification benefits, all under the critical eye of Cecilia."

The Fund also rounds out Ms. Mo's highly regarded suite of value-oriented North American investment solutions which includes Dynamic Dividend Advantage Fund and Class, Dynamic Value Fund of Canada, Dynamic Canadian Value Class, and Dynamic Value Balanced Fund and Class.

About Dynamic Funds
Dynamic Funds is a division of GCIC Ltd., which is a subsidiary of DundeeWealth Inc. and the manager of the Fund mentioned above.  GCIC Ltd. 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.  DundeeWealth Inc. is a wholly-owned subsidiary of Scotiabank.

The above is for informational purposes only and is not, and under no circumstances shall be construed as, an offering of the Fund mentioned herein or any other securities or as investment advice. Investors should read the simplified prospectus of the Fund for information about the Fund's investment objectives, strategies and the risks associated with an investment in the Fund before investing. Investors should discuss the suitability of the Fund with their investment advisor before making any investment decisions.

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

® Dynamic Funds is a registered trademark of its owner, used under license.


SOURCE: GCIC Ltd.

For further information:

please contact:

Customer Relations Centre
1-800-268-8186
 www.dynamic.ca

Media Relations
Diana Hart
416-866-7238


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