Dynamic Funds

Dynamic Funds

October 29, 2007 07:00 ET

DPF India Opportunities Fund Announces Top Ten Holdings

TORONTO, ONTARIO--(Marketwire - Oct. 29, 2007) -


Dynamic Funds™, a division of Goodman & Company, Investment Counsel Ltd., manager of DPF India Opportunities Fund (the "Fund") reports that, as at October 26, 2007, its net asset value was $11.17 per trust unit. The current portfolio is over 90% invested in equities. The Fund's trust Units and warrants trade on the Toronto Stock Exchange under the symbols DPF.UN and DPF.WT, respectively.

Top Ten Holdings at September 30th, 2007:
1) Reliance Industries Limited
2) Jaiprakash Associates Ltd.
3) ICICI Bank Limited
4) Bharti Airtel Limited
5) Reliance Communications Limited
6) Gujarat NRE Coke Ltd.
7) Housing Development Finance Corporation Limited
8) Tata Power Company Limited
9) Maruti Suzuki India Limited
10) DLF Limited

The Fund's investment portfolio may change due to ongoing portfolio transactions of the Fund. The top 25 holdings will be made available quarterly on our website at www.dpfopportunities.com, 60 days after quarter-end as of the quarter ended September 30, 2007. For the quarter-ended June 30, the fiscal year end of the Fund, holdings will be made available 90 days after such fiscal year end.

The Manager: Goodman & Company, a division of DundeeWealth Inc., is a leading Canadian investment firm with 50 years of experience managing mutual funds and other customized investment products. It currently manages a variety of core and specialized funds, including the Dynamic Funds™ and six other closed-end investment trusts listed on the TSX. The Manager's team of 13 portfolio managers, nine analysts and three traders is responsible for more than $25 billion in assets under management. The Fund will be in the Dynamic Power family of funds, which represents growth mandates of the Dynamic Funds™ and includes a dedicated team of growth managers led by Rohit Sehgal including Noah Blackstein and Alexander Lane.

Rohit Sehgal, a highly regarded veteran of the investment industry with more than 30 years of investment experience, is responsible for approximately $4 billion in assets under management as at October 19, 2007.

Goodman & Company, including Dynamic Funds™ and its affiliates, offers a wide range of wealth management solutions through registered financial advisors. These include mutual funds, portfolio solutions like the Marquis Investment Program, limited partnerships (CMP and Canada Dominion), hedge funds and high net-worth investment counsel (Goodman Private Wealth Management). Goodman & Company is a subsidiary of DundeeWealth Inc. (TSX:DW).

This news release contains forward-looking statements that involve risks and uncertainties. These statements reflect Goodman & Company's current expectations, but are subject to a number of risks and uncertainties. Due to many risks and uncertainties, Goodman & Company cannot assure you that the forward-looking statements contained in this news release will be realized.

A final prospectus dated August 2, 2007 relating to these securities has been filed with the securities regulatory authority in each of the provinces and territories of Canada. This news release shall not constitute an offer to sell or the solicitation of an offer to buy. Important information concerning the offering is contained in the prospectus. Obtain a copy from your financial advisor and read the prospectus before investing.

The securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended, or the Investment Company Act of 1940, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.

Contact Information

  • Goodman & Company, Investment Counsel Ltd.
    Customer Relations Centre
    Website: www.dynamic.ca
    Goodman & Company, Investment Counsel Ltd.
    Myra Reisler
    Media Relations
    (416) 342-1829