TORONTO, Nov. 8, 2011 /CNW/ - Dynamic Funds® ("Dynamic"), today announces the launch of Dynamic Corporate Bond
Strategies Fund, Dynamic Strategic Global Bond Fund and Dynamic Global
Asset Allocation Class (collectively, the "Funds"). The Funds have
added flexibility and tools to provide investors with enhanced risk
management and higher income levels in the currently low-yielding and
volatile market environment.
Dynamic Corporate Bond Strategies Fund is sub-advised by Barry Allan and Paul Sandhu of Marret Asset Management
Inc. ("Marret"). Dynamic Corporate Bond Strategies Fund aims to produce
attractive risk-adjusted returns from an actively managed and
diversified portfolio of primarily investment grade corporate bonds
issued by corporations based in North America. Marret may also engage
in the short selling of a company's equity securities to hedge a long
position of the same company's debt, a strategy not typically used in
traditional bond funds.
Dynamic Strategic Global Bond Fund, managed by Michael McHugh, head of Dynamic's Fixed Income team, seeks to provide income and capital appreciation by investing in a broad
range of primarily fixed-income securities from around the globe. Mr.
McHugh employs an actively managed approach and may use multiple value
added strategies opportunistically including equity long/short
positions to capture upside potential and provide downside protection.
Dynamic Global Asset Allocation Class, co-managed by Dynamic's David L. Fingold and Michael McHugh, seeks to
achieve long-term capital growth through investment in a broadly
diversified portfolio consisting primarily of equity securities and
debt obligations of businesses based outside of Canada, with no
restrictions on market capitalization, industry sector, or country mix.
It is the tax-efficient Corporate Class version of Dynamic Global Asset
Allocation Fund (formerly, Dynamic Global Value Balanced Fund).
Mr. McHugh, Vice President and Portfolio Manager at Dynamic, has over a
quarter century of industry experience including 21 years specializing
in debt securities. Mr. Fingold, Vice President and Portfolio Manager
at Dynamic, has over 20 years of business, operational and investment
About Dynamic Funds
Dynamic Funds is a division of Goodman & Company, Investment Counsel
Ltd. ("Goodman & Company"), which is a subsidiary of DundeeWealth Inc.
and the manager of the funds mentioned above. 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.
DundeeWealth Inc. is a wholly owned subsidiary of Scotiabank and part
of the Bank's Global Wealth Management business line.
About Marret Asset Management Inc.
Marret is a 100% employee owned credit fixed income manager. The firm
advises on approximately $6 billion in high yield and investment grade
corporate debt assets for institutional and retail clients. Marret's
experienced team of investment professionals includes Barry Allan, the
President and Chief Investment Officer, and Paul Sandhu, Vice
President. Both Mr. Allan and Mr. Sandhu have over 30 years of
experience in credit and fixed income markets.
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.
For further information:
| Customer Relations Centre || Media Relations |
| Goodman & Company, Investment Counsel Ltd. || Myra Reisler |
| 1-800-268-8186 or www.dynamic.ca || (416) 365-5370 |