Goodman & Company, Investment Counsel Ltd.

Goodman & Company, Investment Counsel Ltd.

June 01, 2006 15:21 ET

diversiGlobal Dividend Value Fund Files Final Prospectus

TORONTO, ONTARIO--(CCNMatthews - June 1, 2006) - Goodman & Company, Investment Counsel Ltd. ("Goodman & Company") is pleased to announce that diversiGlobal Dividend Value Fund (the "Trust") has filed and has received a receipt from the securities regulators of all the Canadian provinces for the final prospectus in relation to the initial public offering of units (the "Units") of the Trust, at a price of $10.00 per Unit. The minimum offering size is $20 million and the maximum offering size is $100 million. The offering is expected to close on or about June 19th, 2006.

The Toronto Stock Exchange has conditionally approved the listing of the Trust's Units. The Trust is expected to commence trading under the symbol (DGD.UN) on the day of closing. The Trust has been created to provide investors with exposure to an actively managed and diversified portfolio of dividend-paying equity securities from around the world. The Manager intends to invest in well-managed, undervalued global companies with strong cash flows and the ability to grow their dividends. The Trust's investment objectives are to provide long term capital appreciation for holders of the Units as well as a stable stream of monthly cash distributions initially targeted to be $0.0417 per Unit ($0.50 per Unit per annum or 5.0% per annum on the original issue price of $10.00 per Unit).

The Offering is being made through a syndicate co-led by RBC Capital Markets, CIBC World Markets Inc. and Dundee Securities Corporation and which includes Scotia Capital Inc., TD Securities Inc., BMO Nesbitt Burns Inc., National Bank Financial Inc., Canaccord Capital Corporation, HSBC Securities (Canada) Inc., Berkshire Securities Inc. and Blackmont Capital Inc.

Goodman & Company is a leading Canadian investment firm tracing its portfolio management roots back nearly 50 years, with approximately $20 billion in assets under management. Goodman & Company, including Dynamic™ 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, Investment Counsel Ltd. is a subsidiary of Dundee Wealth Management Inc. (DW - TSX).

Contact Information

  • 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