Top Growth and Value managers collaborate on new mandate
TORONTO, July 29 /CNW/ - Dynamic Funds(R) ("Dynamic"), managed by Goodman & Company, Investment Counsel Ltd., today announces the launch of Dynamic Emerging Markets Class (the "Fund"), an innovative mandate blending growth and value oriented investing in one emerging markets mutual fund.
The Fund's award-winning portfolio managers, Rohit Sehgal and Chuk Wong, will apply a combined top-down and rigorous bottom-up approach to design a portfolio that seeks to achieve long-term capital appreciation by investing primarily in equity securities of companies located or doing business in emerging markets.
"The degree of economic growth in the emerging markets has provided an abundance of growth stocks to choose from and transformed the equity markets there into a stock picker's paradise," said Rohit Sehgal, Chief Investment Strategist at Dynamic Funds.
Mr. Sehgal is head of the Power team of portfolio managers at Dynamic, drawing on more than 40 years of experience investing in companies globally. The pure growth investment approach applied by Mr. Sehgal allows him to identify companies that demonstrate, in his opinion, the strongest potential for earnings growth.
"The rapid economic growth in emerging Asia, favourable demographics in the Indian subcontinent, and abundant natural resources in Latin America and Africa collectively offer investors a rare opportunity to participate in the extraordinary potential of these exciting global markets," added Chuk Wong, Vice President and Portfolio Manager at Dynamic Funds.
Mr. Wong has more than two decades of industry experience and is lead manager for a number of Dynamic's global and regional value funds. A strict contrarian investor, Mr. Wong seeks companies that, in his opinion, are generally undervalued because they are out-of-favour, not well covered or misunderstood.
Both of the Fund's portfolio managers have received industry accolades and won numerous awards for superior performance. Most recently, Dynamic Power Balanced Fund, co-managed by Mr. Sehgal, and Dynamic Far East Value Fund and Dynamic Global Value Fund, managed by Mr. Wong, were recognized with awards in their respective fund categories at the 2010 Canadian Lipper Fund Awards.
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(TM) and Canada Dominion and the high net worth investment counsel of Goodman Private Wealth Management.
The above is for informational purposes only and is not, and under no circumstances shall be construed as an offering of the funds mentioned herein or any other securities or as investment advice. Investors should read the simplified prospectus of the funds for information about the funds' investment objectives, strategies and the risks associated with an investment in the funds before investing. Investors should discuss the suitability of the funds 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.
SOURCE GOODMAN & COMPANY, INVESTMENT COUNSEL LTD.
For further information: For further information: Customer Relations Centre, Goodman & Company, Investment Counsel Ltd., 1-800-268-8186 or www.dynamic.ca; Myra Reisler, Public Affairs, (416) 365-5370