Dynamic Funds(TM) launches Dynamic Strategic Gold Class

    New mutual fund invests in a strategic mix of gold bullion and gold

    TORONTO, Aug. 24 /CNW/ - Dynamic Funds(TM) ("Dynamic") today announces
the launch of the Dynamic Strategic Gold Class (the "Fund"). The Fund, managed
by Goodman & Company, Investment Counsel Ltd.("Goodman & Company"), seeks to
achieve long-term capital appreciation by investing primarily in a strategic
mix of gold bullion and equity securities of issuers engaged in the
exploration, development or production of gold.
    "With the flexibility to invest in a combination of gold bullion and gold
equities, the Fund may provide investors with an opportunity for better
risk-adjusted returns than investing in each independently," said Robert
Cohen, lead portfolio manager of the Fund and Vice President and Portfolio
Manager at Goodman & Company. "Our objective is to set a new standard for
investing in gold with Dynamic Strategic Gold Class".
    Asset allocation is at the discretion of the portfolio manager and will
be modified according to changing economic and market conditions.
    Robert Cohen has been an analyst and Portfolio Manager with Dynamic Funds
since 1998 and is also the lead manager of the Dynamic Precious Metals Fund.
Mr. Cohen has more than 15 years of combined industry experience in the mining
sector working as an analyst, portfolio manager, engineer, project manager and
corporate development advisor.

    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, hedge funds and closed-end
investment trusts 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.

For further information:

For further information: Customer Relations Centre, Goodman & Company,
Investment Counsel Ltd., 1-800-268-8186 or www.dynamic.ca; Myra Reisler, Media
Relations, (416) 365-5370

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