Goodman & Company, Investment Counsel Ltd.

Goodman & Company, Investment Counsel Ltd.
Dynamic Funds

Dynamic Funds

January 24, 2008 18:26 ET

Canada Dominion Resources 2006 Limited Partnership and Canada Dominion Resources 2006-II Limited Partnership Complete Rollover Into Dynamic Managed Portfolios Ltd.

TORONTO, ONTARIO--(Marketwire - Jan. 24, 2008) - Canada Dominion Resources 2006 Limited Partnership ("CDR 2006") and Canada Dominion Resources 2006-II Limited Partnership ("CDR 2006-II")(the "partnerships") are pleased to announce that each partnership has completed the transfer of its assets into Dynamic Managed Portfolios Ltd. ("DMP Ltd.") in exchange for shares of DMP Resource Class.

On the date of transfer, January 18, 2008, the net asset values for CDR 2006, CDR 2006-II and DMP Resource Class were $13.99 and $11.99 per unit, and $23.15 per share, respectively. Upon the dissolution of the partnerships, on or about February 25, 2008, shares of DMP Resource Class 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 2006 by 0.6044 shares of DMP Resource Class, or by 0.5178 for CDR 2006-II. The pro-forma net asset value per unit of the partnerships will continue to be available on the Canada Dominion website ( until the dissolution of the partnerships takes place.

DMP Ltd., 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 Ltd. and have the opportunity to remain invested in DMP Resource Class or switch between one of six other diversified mutual fund classes on a tax-deferred basis.

The details for each DMP Fund, including its underlying fund, are as follows (as at December 31, 2007):

1 Yr. 3 Yr. 5 Yr. 10Yr. Inception
DMP Resource Class -5.1% 24.4% 25.5% - 20.4%
DMP Canadian Dividend Class 2.3% - - - 11.2%
(Underlying: Dynamic Canadian
Dividend Fund) 2.6% 11.6% 15.5% 9.9% 10.5%
DMP Canadian Value Class 1.1% - - - 18.3%
(Underlying: Dynamic Canadian Value
Class) 1.7% 19.1% 23.8% - 13.9%
DMP Value Balanced Class(i) - - - - -
(Underlying: Dynamic Value Balanced
Fund) -0.8% 9.0% 11.6% 8.9% 9.4%
DMP Power Canadian Growth Class 27.7% - - - 29.3%
(Underlying: Dynamic Power Canadian
Growth Class) 26.1% 25.3% 25.4% - 15.4%
DMP Power Global Growth Class 47.7% - - - 28.3%
(Underlying: Dynamic Power Global
Growth Class) 45.0% 23.2% 21.3% - 9.9%
DMP Global Value Class 2.7% - - - 13.6%
(Underlying: Dynamic Global Value
Class) 1.8% - - - 13.9%

Canada Dominion is a leader in flow-through share finance. Since its first partnership was introduced in 1998, Canada Dominion has successfully raised and invested over $1 billion in companies involved in exploration and development efforts in Canada's resource sector. When combined with CMP and DMP Ltd., the offerings form Canada's largest flow-through platform with approximately $800 million in assets under management. Goodman & Company, Investment Counsel Ltd. ("Goodman & Company"), manager of the partnerships and the seven investment choices within DMP Ltd., also manages Dynamic Funds™, one of the country's most respected mutual fund companies, with over $24 billion in assets under management.

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

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