Dynamic Mutual Funds

Dynamic Mutual Funds
Goodman & Company, Investment Counsel Ltd.

Goodman & Company, Investment Counsel Ltd.

May 03, 2005 17:54 ET

Dynamic Dividend Fund and Dynamic Dividend Value Fund Offer New Series C Units


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: DYNAMIC MUTUAL FUNDS

AND GOODMAN & COMPANY, INVESTMENT COUNSEL LTD.

MAY 3, 2005 - 17:54 ET

Dynamic Dividend Fund and Dynamic Dividend Value Fund
Offer New Series C Units

TORONTO, ONTARIO--(CCNMatthews - May 3, 2005) - Dynamic Mutual Funds, a
division of Goodman & Company, Investment Counsel Ltd. ("Goodman &
Company"), the manager of Dynamic Dividend Fund and Dynamic Dividend
Value Fund (the "Funds"), announces that, beginning on or about June 1,
2005, the Funds will offer Series C units, a new series of units of the
Funds.

Series C units will be offered on the same basis as Series A units of
the Funds except that the management fees charged will be 2.00% for
Series C units of Dynamic Dividend Value Fund and 1.85% for Series C
units of Dynamic Dividend Fund. For investments in Series C units made
on a regular deferred sales charge basis, Goodman & Company will pay
dealers a 5% commission on the total monies invested in Series C units,
and for investments made on a short redemption schedule basis, the
Manager will pay dealers a 3% commission on total monies invested in
Series C units. In addition, Goodman & Company will pay dealers a
service commission for investments in Series C units of the Fund on the
same basis as for Series A units of other mutual funds managed by
Goodman & Company.

Effective on or about June 1, 2005, Dynamic Dividend Value Fund will
change its distribution policy from quarterly to monthly and expects to
distribute income on a monthly basis and capital gains on an annual
basis.

Goodman & Company is a leading investment firm tracing its portfolio
management roots back over 45 years, with approximately $15 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 high
net-worth investment counsel (Goodman Private Wealth Management).
Goodman & Company is a division of Dundee Wealth Management Inc. (DW -
TSX).

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Goodman & Company, Investment Counsel Ltd.
    Customer Relations Centre
    1 (800) 268-8186
    www.diversitrust.com
    or
    Goodman & Company, Investment Counsel Ltd.
    Trevor Hampden
    Media Relations
    (416) 365-5002