Dynamic Funds® recognized for excellence at the 2012 Lipper Fund Awards

TORONTO, Feb. 10, 2012 /CNW/ - Dynamic Funds ("Dynamic") is pleased to announce that it was recognized 11 times for demonstrating consistently strong risk-adjusted returns compared to its peers at the 2012 Lipper Fund Awards in Toronto last night.

"Wins across a variety of categories show the strength of Dynamic's portfolio managers and the diversity of products within our fund family," said David Goodman, President and Chief Executive Officer of Dynamic. "I'm grateful for this recognition which is the result of a focus on delivering excellence to our clients that is shared by every member of our team."

The following Dynamic funds were recognized for industry leading performance:

Fund Name Category Award Period
Dynamic Strategic Yield Fund Global Neutral Balanced 1
Dynamic Power American Growth Fund US Equity 1
Dynamic Far East Value Fund Asia Pacific Equity 3
Dynamic Diversified Real Asset Fund Canadian Equity Balanced 3
Dynamic Focus+ Resource Fund Natural Resources Equity 3
Dynamic Power Small Cap Fund Canadian Focused Small/Mid Cap Equity 5
Dynamic Equity Income Fund Canadian Dividend & Income Equity 10
Dynamic Power Small Cap Fund Canadian Focused Small/Mid Cap Equity 10
Dynamic Global Discovery Fund Global Equity 10
Dynamic Value Balanced Fund Global Equity Balanced 10
Dynamic American Value Fund US Equity 10

For more information about these award-winning funds please visit www.dynamic.ca.

About Dynamic Funds
Dynamic Funds is a division of GCIC Ltd. ("GCICL"), which is a subsidiary of DundeeWealth Inc. and the manager of the funds mentioned above. GCICL 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 the Lipper Awards
The Lipper Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community. The Thomson Reuters Awards for Excellence recognize the world's top funds, fund management firms, sell-side firms, research analysts, and investor relations teams. The Thomson Reuters Awards for Excellence also include the Extel Survey Awards, the StarMine Analyst Awards, and the StarMine Broker Rankings. For more information, please contact markets.awards@thomsonreuters.com  or visit excellence.thomsonreuters.com.



SOURCE Scotiabank

For further information:

Customer Relations Centre                                      
GCIC Ltd.     
1(800) 268-8186 or www.dynamic.ca

Diana Hart
Media Officer, Public Affairs                
(416) 866-7238


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