Dynamic Funds

Dynamic Funds
Goodman & Company, Investment Counsel Ltd.

Goodman & Company, Investment Counsel Ltd.

January 09, 2007 18:19 ET

Canada Dominion Resources 2005 Limited Partnership and Canada Dominion Resources 2005-II Limited Partnership Complete Rollover Into Dynamic Managed Portfolios Ltd.

TORONTO, ONTARIO--(CCNMatthews - Jan. 9, 2007) - Canada Dominion Resources 2005 Limited Partnership ("CDR 2005") and Canada Dominion Resources 2005-II Limited Partnership ("CDR 2005-II") are pleased to announce that each partnership has completed the rollover of assets into Dynamic Managed Portfolios Ltd. ("DMP") in exchange for shares of DMP Resource Class.

DMP, an open-end mutual fund corporation, offers seven classes of mutual fund shares including the DMP Resource Class. Limited partners benefit from a tax-deferred rollover to DMP and now have the opportunity to remain invested in DMP Resource Class, one of Canada's top-performing resource funds, or switch between the different classes on a tax-deferred basis to one of six other diversified mutual funds within DMP in order to meet their investment objectives.

The details for each DMP Fund, including its underlying fund, are as follows (as at December 31, 2006):



Since
1 Yr. 3 Yr. 5 Yr. 10Yr. Inception
--------------------------------------------------------------------------
DMP Resource Class 44.3% 29.6% 32.6% - 25.1%
DMP Canadian Dividend Class 12.6% - - - 17.1%
(Underlying: Dynamic Canadian
Dividend Fund) 13.2% 18.5% 14.8% 11.6% 10.7%
DMP Canadian Value Class 28.0% - - - 30.5%
(Underlying: Dynamic Canadian Value
Class) 29.3% 26.8% 19.6% - 16.1%
DMP Value Balanced Class(i) - - - - -
(Underlying: Dynamic Value Balanced
Fund) 12.1% 14.7% 12.0% 9.5% 10.1%
DMP Power Canadian Growth Class 22.0% - - - 30.4%
(Underlying: Dynamic Power Canadian
Growth Class) 22.8% 22.2% 18.1% - 13.7%
DMP Power Global Growth Class 11.6% - - - 17.6%
(Underlying: Dynamic Power Global
Growth Class) 11.4% 14.7% 7.2% - 4.9%
DMP Global Value Class 22.9% - - - 21.0%
(Underlying: Dynamic Global Value
Class) 23.7% - - - 25.8%


On the date of transfer, January 5, 2007, the net asset values for CDR 2005, CDR 2005-II and DMP Resource Class were $33.15 and $21.12 per unit, and $34.92 per share, respectively. Upon the dissolution of the partnership on or about February 6, 2007, the DMP Resource Class shares will be distributed to the limited partners. In the interim, investors can determine a value for their holdings by multiplying the number of units they held in CDR 2005 by 0.9493 shares of DMP Resource Class, or by 0.6047 for CDR 2005-II. Alternatively, the pro-forma NAV of the partnerships will continue to be available on the Canada Dominion website (www.canadadominion.com) until the dissolution of the partnerships takes place.

Canada Dominion is a leader in flow-through share finance, raising over $818,000,000 for exploration and development efforts in the resource sector (primarily oil & gas). When combined with CMP, 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 of the Partnership and the seven diversified classes of mutual fund shares within DMP, also manages Dynamic Funds™, one of the country's most respected mutual fund companies, with approximately $22 billion in assets under management. Goodman & Company is a subsidiary of Dundee Wealth Management (TSX:DW).

(i)Mutual fund regulations restrict the presentation of performance figures until a fund reaches its one-year anniversary.

Contact Information

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