Canada Dominion Resources 2005 Limited Partnership

March 02, 2005 17:31 ET

Canada Dominion Resources 2005 Limited Partnership Files Preliminary Prospectus



MARCH 2, 2005 - 17:31 ET

Canada Dominion Resources 2005 Limited Partnership
Files Preliminary Prospectus

TORONTO, ONTARIO--(CCNMatthews - March 2, 2005) - Canada Dominion
Resources 2005 Limited Partnership (the "Partnership") announces that it
has filed a preliminary prospectus relating to an initial public
offering of limited partnership units of the Partnership ("Units") in
all the provinces and territories of Canada. The maximum offering is
$100 million (4,000,000 Units).

The Partnership's investment objective is to provide a tax-assisted
investment in a diversified portfolio of equity securities of resource
companies with a view to earning income and achieving capital
appreciation for the limited partners. The assets of the Partnership
will be invested primarily in flow-through shares of resource companies
engaged in oil and gas or mining exploration, development and/or
production or certain energy production that may incur Canadian
Renewable and Conservation Expense.

Prior to July 1, 2007, the Partnership intends to complete an exchange
transaction with Dynamic Managed Portfolios Ltd. ("DMP Ltd.") pursuant
to which limited partners will receive redeemable DMP Resource Fund
shares on a tax-deferred basis. DMP Ltd. will implement a multi-class
fund structure in 2005. It is anticipated that holders of DMP Resource
Fund shares will have the ability to switch into any other DMP class
fund on a tax-deferred basis once the multi-class fund structure is

The Units are being offered at a price of $25.00 per Unit, subject to a
minimum subscription of two hundred Units for $5,000, payable in full at
time of subscription.

Goodman & Company Investment Counsel Ltd., the manager of the
Partnership, is a leading Canadian 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 a high
net-worth investment counsel (Goodman Private Wealth Management).
Goodman & Company, Investment Counsel Ltd. is a subsidiary of Dundee
Wealth Management Inc. (DW - TSX).

The offering is being made through a syndicate of agents led by RBC
Capital Markets, CIBC World Markets Inc. and Dundee Securities
Corporation, and including BMO Nesbitt Burns Inc., National Bank
Financial Inc., Scotia Capital Inc., TD Securities Inc., Berkshire
Securities Inc., Canaccord Capital Corporation, HSBC Securities (Canada)
Inc., Raymond James Ltd., Desjardins Securities Inc., First Associates
Investments Inc., Richardson Partners Financial Limited and Wellington
West Capital Inc.

A preliminary prospectus relating to these securities has been filed
with securities commissions or similar authorities in each of the
provinces and territories of Canada but has not yet become final for the
purpose of a distribution to the public. This press release shall not
constitute an offer to sell or the solicitation of an offer to buy, nor
shall there be any sale or any acceptance of an offer to buy these
securities in any province or territory of Canada prior to the time a
receipt for the final prospectus or other authorization is obtained from
the securities commission or similar authority in any such province and


Contact Information

    Goodman & Company, Investment Counsel Ltd.
    Customer Relations Center
    1 (800) 268-8186
    Goodman & Company, Investment Counsel Ltd.
    Trevor Hampden
    Media Relations
    (416) 365-5002