TORONTO, Oct. 18, 2013 /CNW/ - GCIC Ltd. ("GCICL"), manager of DPF India
Opportunities Fund (TSX:DPF.UN) (the "Fund"), announces on behalf of
the Fund its decision to permanently waive a portion of the
administrative fee of the Fund. Effective October 1, 2011, GCICL had
implemented a temporary waiver, reducing the annual administration fee
to 0.5% from 1.0% of the net asset value of the Fund for a period of
two years. As of October 1, 2013, GCICL has decided to permanently
reduce the administration fee, setting it at 0.5% of the net asset
value of the Fund.
The Fund (www.dpfopportunities.com) is a TSX-listed closed-end investment trust which seeks to enhance the
value of the trust units offered primarily through capital appreciation
driven by an actively managed, diversified investment portfolio.
GCICL is a subsidiary of DundeeWealth Inc. and the manager of the Fund.
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
SOURCE: GCIC Ltd.
For further information:
For additional information contact:
Customer Relations Centre
1-800-268-8186 or www.dynamic.ca