Dynamic Funds® launches Dynamic U.S. Value Balanced Fund and announces changes to Dynamic Blue Chip U.S. Balanced Class

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 Scotiabank.

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 license.

SOURCE: Dynamic Funds

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