TORONTO, Oct. 1, 2013 /CNW/ - Dynamic Funds, managed by GCIC Ltd., today
announces the launch of Dynamic U.S. Value Balanced Fund. Cecilia Mo
will be responsible for the fund's equity component and Marc-André
Gaudreau will manage the fixed-income allocation. These two portfolio
managers collectively have over 33 years of combined portfolio
management experience in U.S. investments.
Dynamic U.S. Value Balanced Fund seeks to provide long-term capital
appreciation and income by investing primarily in a broad range of U.S.
equity and debt securities, focusing on a value investment approach
when selecting equity securities.
"We are encouraged by the ongoing expansion of the U.S. economy and the
country's long-term prospects," said Mr. Jordy Chilcott, President &
Chief Executive Officer, GCIC Ltd. "This Fund offers Canadian investors
a risk-aware approach to capturing equity and fixed income
opportunities in the world's largest market and also represents a U.S.
alternative to the well-established Dynamic Value Balanced Fund."
Additionally, effective today, the management fees on Dynamic Blue Chip
U.S. Balanced Class have been reduced to 1.90% on Series A, Series H,
and Series T shares, and to 0.90% on Series F shares. The fund is
co-managed by Adam Donsky and Domenic Bellissimo.
About Dynamic Funds
Dynamic Funds is a division of GCIC Ltd., which is a subsidiary of
DundeeWealth Inc. and the manager of the Funds 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
The above is for informational purposes only and is not, and under no
circumstances shall be construed as an offering of the Funds mentioned
herein or any other securities or as investment advice. Investors
should read the simplified prospectus of the Funds for information
about the Funds' investment objectives, strategies and the risks
associated with an investment in the Funds before investing. Investors
should discuss the suitability of the Funds 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
SOURCE: Dynamic Funds
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