Dynamic Funds® launches Dynamic Power Managed Growth Class

TORONTO, April 24, 2012 /CNW/ - Dynamic Funds, managed by GCIC Ltd. ("GCICL"), today announces the launch of the Dynamic Power Managed Growth Class (the "Fund"). Offering a concentrated portfolio of Canadian growth companies, the Fund's investment strategies are designed to enhance returns while managing volatility. The Fund's investment process incorporates a proprietary risk management strategy that is designed to reduce volatility through market cycles by applying three dimensions of risk management (3DRM^TM) including: allocating between secular and cyclical growth stocks; selecting among capital appreciation and dividend growth stocks; and by adjusting market exposure through the tactical use of cash, derivative strategies and strategic investments in foreign markets.

The Fund is managed by GCICL, with Alexander Lane, Vice President and Portfolio Manager at GCICL as portfolio manager. Mr. Lane joined the Power team led by Rohit Sehgal at GCICL in 2000 and has over 14 years of investment experience. He is also lead manager of the Dynamic Power Global Navigator Class as well as the Dynamic Power Small Cap Fund.

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 portfolios mentioned herein or any other securities or as investment advice. Investors should read the simplified prospectus of the portfolios for information about the portfolios' investment objectives, strategies and the risks associated with an investment in the portfolios before investing. Investors should discuss the suitability of the portfolios 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
1-800-268-8186
www.dynamic.ca       

Media Relations
Patty Stathokostas
416-866-3625