TORONTO, May 13, 2013 /CNW/ - Dynamic Funds, managed by GCIC Ltd.,
announced today the launch of Dynamic U.S. Dividend Advantage Fund (the
"Fund"). This new fund offers Canadian investors the stability and
growth potential of U.S. dividend-paying equities.
The Fund seeks to provide income and long-term capital appreciation by
investing primarily in U.S. equity securities that pay a dividend or
distribution. The Fund will be managed by industry veteran and
award-winning portfolio manager Cecilia Mo. Ms. Mo has over 17 years
of investment experience and has established a strong track record of
managing North American equity securities.
"The U.S. market is home to a significant number of the world's most
important and innovative companies, many of whom reward shareholders
with dividends," said Mr. Jordy Chilcott, President & Chief Executive
Officer, GCIC Ltd. "This Fund will give Canadian investors exposure to
these investment opportunities along with its many diversification
benefits, all under the critical eye of Cecilia."
The Fund also rounds out Ms. Mo's highly regarded suite of
value-oriented North American investment solutions which includes
Dynamic Dividend Advantage Fund and Class, Dynamic Value Fund of
Canada, Dynamic Canadian Value Class, and Dynamic Value Balanced Fund
About Dynamic Funds
Dynamic Funds is a division of GCIC Ltd., which is a subsidiary of
DundeeWealth Inc. and the manager of the Fund 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
The above is for informational purposes only and is not, and under no
circumstances shall be construed as, an offering of the Fund mentioned
herein or any other securities or as investment advice. Investors
should read the simplified prospectus of the Fund for information about
the Fund's investment objectives, strategies and the risks associated
with an investment in the Fund before investing. Investors should
discuss the suitability of the Fund 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
SOURCE: GCIC Ltd.
For further information:
Customer Relations Centre