Goodman & Company, Investment Counsel Ltd.

Goodman & Company, Investment Counsel Ltd.
Canada Dominion Resources Limited

January 12, 2005 16:00 ET

Canada Dominion Resources Limited Partnerships XI & XII To Transfer Assets to Multi-Class Mutual Fund


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: GOODMAN & COMPANY, INVESTMENT COUNSEL LTD.

AND CANADA DOMINION RESOURCES LIMITED

JANUARY 12, 2005 - 16:00 ET

Canada Dominion Resources Limited Partnerships XI &
XII To Transfer Assets to Multi-Class Mutual Fund

TORONTO, ONTARIO--(CCNMatthews - Jan. 12, 2005) - Goodman & Company,
Investment Counsel Ltd. ("Goodman & Company"), the manager of Canada
Dominion Resources Limited Partnership XI and Canada Dominion Resources
Limited Partnership XII (the "Partnerships") announces that on or about
January 31, 2005 the assets of the Partnerships will be transferred to
DMP Resource Class in exchange for DMP Resource Class shares. On or
about March 1, 2005, the Partnerships will be dissolved with the result
that limited partners of the Partnerships will become shareholders DMP
Resource Class on a tax-free rollover basis.

DMP Resource Class is a class of redeemable shares of Dynamic Managed
Portfolios Ltd., a multi-class mutual fund corporation created on
December 30, 2004 as a result of the amalgamation of Canada Dominion
Resource Fund Ltd. and CMP Fund Corporation. DMP Resource Class is
managed by Goodman & Company. The fundamental investment objective of
DMP Resource Class is to achieve long-term capital growth by investing
primarily in equity securities of Canadian resource issuers engaged in
oil and gas or to a lesser extent mining exploration, development and/or
production, pulp and paper and resource service industries, including
drilling services.

Goodman & Company is a leading investment firm tracing its portfolio
management roots back over 45 years, with approximately $14 billion in
assets under management. Goodman & Company, including Dynamic Mutual
Funds and its affiliates, offers a wide range of wealth management
solutions through registered financial advisors, including mutual funds,
fee-based programs (Viscount and Marquis), limited partnerships (CMP and
Canada Dominion), a labour-sponsored fund, hedge funds and a high
net-worth investment counsel (Goodman Private Wealth Management).
Goodman & Company is a subsidiary of Dundee Wealth Management (DW-TSX).

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Goodman & Company, Investment Counsel Ltd.
    Trevor Hampden
    (416) 365-5002
    www.canadadominion.com