TORONTO, Jan. 10 /CNW/ - CMP 2009 Resource Limited Partnership ("CMP
2009") and CMP 2009 II Resource Limited Partnership ("CMP 2009 II" and
together with CMP 2009, the "Partnerships") are pleased to announce
that the Partnerships have completed the transfer of their assets into
Dynamic Managed Portfolios Ltd. ("DMP Ltd.") in exchange for shares of
DMP Resource Class.
On the date of transfer, January 7, 2011, the net asset values for CMP
2009, CMP 2009 II and DMP Resource Class were $1,710.85 per unit,
$1,306.81 per unit and $29.56 per share, respectively. Upon the
dissolution of the Partnerships, on or about February 18, 2011, shares
of DMP Resource Class will be distributed to limited partners. In the
interim, investors in the Partnerships can determine a value for their
holdings in DMP Resource Class by multiplying the number of units they
held in CMP 2009 and CMP 2009 II by 57.8680 and 44.2018 shares of DMP
Resource Class, respectively. The derived net asset value per unit of
the Partnerships will continue to be available on the CMP™ website (www.cmpfunds.ca) until the dissolution of the Partnerships.
DMP Ltd., an open-ended mutual fund corporation, offers multiple classes
of mutual fund shares, including DMP Resource Class. Each class of
shares constitutes a separate mutual fund (each a "DMP Fund"), the DMP
Resource Class being one of the DMP Funds. DMP Resource Class is
managed by Goodman & Company, Investment Counsel Ltd. ("Goodman &
Company") and sub-advised by Ned Goodman Investment Counsel Limited
("NGIC"). The multiple class structure of DMP Ltd. allows investors to
switch between the DMP Funds on a tax-deferred basis and reposition
their investment portfolios to meet their individual investment
CMP is a pioneer in flow-through investing, with a history dating back
to when flow-through shares were first introduced by the federal
government. Since its creation in 1984, CMP has successfully raised and
invested close to $2.6 billion in companies active in exploration and
development efforts across Canada. When combined with Canada Dominion,
the two partnerships form the largest flow-through investing platform
in Canada, raising a combined total of more than $3.8 billion in assets
throughout their history.
About Goodman & Company
Goodman & Company is a Canadian asset management company tracing its
roots back more than 50 years. 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, the flow-through limited
partnerships of CMP and Canada Dominion and the high net worth wealth
management of DundeeWealth Investment Counsel. Goodman & Company is a
wholly owned subsidiary of DundeeWealth Inc. (TSX: DW).
About the Sub-Advisors
NGIC (formerly, Ravensden Asset Management Inc.) is a wholly owned
subsidiary of Dundee Corporation and is led by Ned Goodman, CFA,
utilizing a team of resource specialists at Dundee Resources Limited.
NGIC acts as a sub-advisor to certain investment funds and limited
partnerships established by DundeeWealth Inc. UTA Asset Management
Corp. is a Calgary-based portfolio manager and sub-advisor providing
advice in respect of resource companies in the oil and gas sector and
is led by Dean Prodan.
For further information:
contact our Customer Relations Centre at 1.800.268.8186 or visit www.cmpfunds.ca. For media inquiries, contact Myra Reisler at 416.365.5370.