Dynamic Funds

Dynamic Funds
Goodman & Company, Investment Counsel Ltd.

Goodman & Company, Investment Counsel Ltd.

November 01, 2007 09:00 ET

Dynamic Funds™ Announces Status of Independent Review Committee

TORONTO, ONTARIO--(Marketwire - Nov. 1, 2007) - Dynamic Funds, a division of Goodman & Company, Investment Counsel Ltd. ("Dynamic") is pleased to announce that effective today its Independent Review Committee ("IRC") established under National Instrument 81-107, Independent Review Committee for Investment Funds ("NI 81-107") for each investment fund that is managed by Dynamic is in full compliance with NI 81-107.

Canadian securities regulators passed legislation requiring independent oversight over the management of Canadian investment funds. Under NI 81-107 an Independent Review Committee was required to be established by May 1, 2007 and to be fully operational by November 1, 2007.

The IRC was established on February 9, 2007 and the initial members appointed to the IRC are Mr. Brahm Gelfand (Chair), Mr. Ronald Singer and Mr. Frank White. The IRC will be shared by each of the mutual funds and other investment funds that are reporting issuers and managed by Dynamic presently and from time to time (the "Investment Funds"). Since being formed, the IRC has familiarized itself with the Investment Funds, reviewed and adopted its charter and completed such other preparations necessary to become fully operational by November 1, 2007. The principal responsibility of the IRC is to govern over perceived conflicts of interest between the Investment Funds, Dynamic and related third parties.

Dynamic Funds™, a division of Goodman & Company, Investment Counsel Ltd., is a leading Canadian investment firm tracing its portfolio management roots back 50 years, with more than $26 billion in assets under management. Goodman & Company and its affiliates offer a wide range of wealth management solutions through registered financial advisors, including mutual funds; portfolio solutions (Marquis), limited partnerships (CMP and Canada Dominion), hedge funds and high net-worth investment counsel (Goodman Private Wealth Management). Goodman & Company, Investment Counsel Ltd. is a subsidiary of DundeeWealth Inc. (TSX:DW).

Contact Information

  • Goodman & Company, Investment Counsel Ltd.
    Customer Relations Centre
    1-800-268-8186
    Website: www.dynamic.ca
    or
    Myra Reisler
    Media Relations
    (416) 342-1829