Unitholders Approve Mergers of Certain diversiFunds(TM) with Mutual Funds

TORONTO, March 2 /CNW/ - Goodman & Company, Investment Counsel Ltd. ("Goodman & Company" or the "Manager"), manager of Dynamic Funds(R), is pleased to announce that unitholders have today voted, at successively held special meetings, to approve the following mergers:

    -   diversiGlobal(TM) Dividend Value Fund with Dynamic Global Dividend
        Value Fund; and
    -   each of diversiTrust(TM) Income Fund, diversiTrust(TM) Stable Income
        Fund and diversiYield(TM) Income Fund with Dynamic Strategic Yield

The meetings to approve the mergers of diversiTrust(TM) Energy Income Fund with Dynamic Energy Income Fund and diversiTrust(TM) Income+ Fund with Dynamic Strategic Yield Fund have been adjourned until Tuesday, March 16, 2010 at 9:00 a.m. (Eastern Time), as a quorum was not present. These meetings will take place at the offices of McCarthy Tétrault LLP, 66 Wellington Street West, Suite 5300, Toronto. At the adjourned meetings, unitholders present either in person or by proxy will be deemed to constitute a quorum for such meetings.

The Mergers

The mergers are expected to occur on or about March 26, 2010. The diversiFunds are expected to be de-listed from trading on the Toronto Stock Exchange on or about March 16, 2010, except diversiTrust Energy Income Fund and diversiTrust Income+ Fund, which are expected to de-list on or about March 18, 2010. The Mergers remain subject to regulatory approval (and, in the case of diversiTrust Energy Income Fund and diversiTrust Income+ Fund, unitholder approval). All costs and expenses associated with the mergers will be borne by the Manager.

About the Funds

Each of diversiGlobal Dividend Value Fund, diversiTrust Energy Income Fund, diversiTrust Income Fund, diversiTrust Income+ Fund and diversiYield Income Fund is a closed-end investment trust listed on the Toronto Stock Exchange. diversiTrust Stable Income Fund is a mutual fund listed on the Toronto Stock Exchange. Each of Dynamic Global Dividend Value Fund, Dynamic Energy Income Fund and Dynamic Strategic Yield Fund is an open-end mutual fund.

About Goodman & Company

Goodman & Company is a leading Canadian asset management company tracing its roots back more than 50 years. 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. Goodman & Company is a wholly owned subsidiary of DundeeWealth Inc. (TSX: DW).

Caution regarding forward-looking statements

Certain portions of this news release may contain forward-looking statements about the Funds. Forward-looking statements include statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "expects", "anticipates", "intends", "plans", "believes", "estimates" and similar forward-looking expressions or negative versions thereof. In addition, any statement that may be made concerning future performance, strategies or prospects, and possible future Fund action, is also a forward-looking statement. Forward-looking statements are inherently subject to, among other things, risks and uncertainties, some of which may be unforeseeable. Accordingly, assumptions concerning future economic and other factors may prove to be incorrect at a future date.

Forward-looking statements are not guarantees of future performance, and actual events could differ materially from those expressed or implied in any forward-looking statements made by the Fund. Any number of important factors could contribute to these digressions, including, but not limited to, failure to receive unitholder approval of the mergers (in the case of diversiTrust Energy Income Fund and diversiTrust Income+ Fund) or failure to receive all required regulatory approvals to implement the mergers. We stress that the above mentioned list of important factors is not exhaustive.

We encourage you to consider these and other factors carefully before making any investment decisions and we urge you to avoid placing any undue reliance on forward-looking statements. Further, you should be aware of the fact that none of the Funds has any specific intention of updating any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law. For a complete disclosure record for each of the Funds, please visit their respective profiles at www.sedar.com. Unitholders are encouraged to consult with their own tax advisors for advice with respect to the tax consequences of the proposed mergers having regard to their own particular circumstances.


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

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