Dynamic Funds

Dynamic Funds
Goodman & Company, Investment Counsel Ltd.

Goodman & Company, Investment Counsel Ltd.

January 18, 2007 17:16 ET

Canada Dominion Resources 2005-II Limited Partnership "CDR 2005-II" Announces Correction on Rollover Into Dynamic Managed Portfolios Ltd. "DMP"

TORONTO, ONTARIO--(CCNMatthews - Jan. 18, 2007) - Canada Dominion Resources 2005-II Limited Partnership ("CDR 2005-II", or the "Partnership") announces an amendment to the net asset value of the Partnership reported at the time of its rollover into Dynamic Managed Portfolios Ltd. ("DMP Ltd.").

On the date of transfer, January 5, 2007, the reported net asset values for CDR 2005-II and DMP Resource Class were $21.12 per unit and $34.92 per share, respectively. This translated into a conversion ratio of 0.6047 shares of DMP Resource Class for every unit of CDR 2005-II.

Due to a pricing discrepancy related to one of the holdings inside CDR 2005-II, the net asset value was understated by $0.17 per unit. As a result of this correction, the conversion ratio has been increased to 0.6097 shares of DMP Resource Class for every unit of CDR 2005-II, based on a revised closing price of $21.29 for the Partnership. Shares of DMP Resource Class will be distributed to the limited partners upon dissolution of the Partnership on or about February 6, 2007.

Canada Dominion is a leader in energy-focused flow-through share finance, having raised over $818,000,000 for investment in exploration and development of Canada's resource sector. When combined with CMP, a mining-focused flow-through limited partnership, the two offerings form Canada's largest flow-through platform with over $1 billion in assets under management. Goodman & Company, Investment Counsel Ltd. ("Goodman & Company"), manager for both the Partnership and the seven funds available within DMP Ltd., also manages Dynamic Funds™, one of the country's most respected mutual fund companies, with more than $22 billion in assets under management.

Contact Information

  • Goodman & Company, Investment Counsel Ltd.
    Customer Relations Centre
    1-800-268-8186
    or
    Goodman & Company, Investment Counsel Ltd.
    Trevor Hampden
    Media Inquiries
    (416) 365-5002
    Website: www.canadadominion.com