TORONTO, Jan. 7 /CNW/ - Dynamic Funds® ("Dynamic"), managed by Goodman &
Company, Investment Counsel Ltd. (the "Manager"), announces the launch
of Series G securities for investors resident, for tax purposes, in a
province or territory of Canada that has not adopted a harmonized sales
Series G securities are available on 45 of Dynamic's funds (the
"Applicable Funds"), spanning a wide range of asset classes, including
Canadian equity, foreign equity, equity income, balanced and fixed
income as well as sector specialty funds and portfolio solutions. A
full list of the Applicable Funds is available at www.dynamic.ca.
Series G securities are currently available for new purchases and
switches. There are no tax consequences to investors for switch
transactions within the same fund. The Manager intends to process an
automatic re-designation of eligible assets of the Applicable Funds
from Series A to Series G securities on or about February 11, 2011
without charge or tax consequence to investors.
To date, the following provinces and territories have not adopted the
HST: Alberta, Manitoba, Northwest Territories, Nunavut, Prince Edward
Island, Québec, Saskatchewan and Yukon.
About Dynamic Funds
Dynamic Funds is a division of Goodman & Company, Investment Counsel
Ltd., a wholly owned subsidiary of DundeeWealth Inc. (TSX: DW). 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 (formerly, Goodman Private Wealth Management).
Caution regarding forward-looking statements
Certain portions of this news release may contain forward-looking
statements about the Applicable Funds. Forward-looking statements
include statements that are predictive in nature, that depend upon or
refer to future events or conditions, or that include words such as
"expects", "anticipates", "intends", "plans", "believes", "estimates"
and similar forward-looking expressions or negative versions thereof.
In addition, any statement that may be made concerning future
performance, strategies or prospects, and possible future action by the
Applicable Funds, is also a forward-looking statement. Forward-looking
statements are inherently subject to, among other things, risks and
uncertainties, some of which may be unforeseeable. Accordingly,
assumptions concerning future economic and other factors may prove to
be incorrect at a future date.
Forward-looking statements are not guarantees of future performance, and
actual events could differ materially from those expressed or implied
in any forward-looking statements made by the Applicable Funds. Any
number of important factors could contribute to these digressions,
including, but not limited to, failure to shareholder approval of the
matters described herein or failure to receive all required regulatory
approvals to implement the matters. We stress that the above mentioned
list of important factors is not exhaustive.
We encourage you to consider these and other factors carefully before
making any investment decisions and we urge you to avoid placing any
undue reliance on forward-looking statements. Further, you should be
aware of the fact that the Applicable Funds do not have any specific
intention of updating any forward-looking statements whether as a
result of new information, future events or otherwise, except as
required by law. For a complete disclosure record for the Applicable
Funds, please visit their respective profiles at www.sedar.com.
For further information:
|Customer Relations Centre || || || ||Myra Reisler|
|Goodman & Company, Investment Counsel Ltd. || || || ||Media Relations|
|1-800-268-8186 or www.dynamic.ca || || || ||(416) 365-5370|