SOURCE: Dynamic Funds

Dynamic Funds

SOURCE: 1832 Asset Management L.P.

November 17, 2014 14:15 ET

Dynamic Funds Announces Changes to DMP Resource Class

TORONTO, ON--(Marketwired - November 17, 2014) - Dynamic Funds, a division of 1832 Asset Management L.P. (the "Manager"), today announced portfolio manager changes to DMP Resource Class (the "Fund"), effective today. Jennifer Stevenson and Robert Cohen of 1832 Asset Management L.P., the manager of the Fund, have been appointed co-portfolio managers to the Fund, replacing the current portfolio sub-advisor. Ms. Stevenson and Mr. Cohen have a history of working together on other resource mandates at Dynamic Funds. 1832 Asset Management L.P. remains the investment fund manager for the Fund. 

The Manager referred the portfolio management change to the Fund's Independent Review Committee, which concluded that, in its view, the change as described above is fair and reasonable to the Fund and its shareholders. The portfolio management change has also been approved by the board of directors of the Manager, and is subject to receipt of all other necessary approvals. There will be no change to the Fund's investment objective as a result of the portfolio manager changes. The investment strategies of the Fund will now allow the portfolio managers the flexibility to invest in resources companies of any size.

About Dynamic Funds
Dynamic Funds is a division of 1832 Asset Management L.P., which offers a range of wealth management solutions, including mutual funds, investment solutions for private clients, institutional clients and managed asset programs. 1832 Asset Management L.P. is a limited partnership, the general partner of which is wholly owned by Scotiabank. ® Dynamic Funds is a registered trademark of its owner, used under license.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the simplified prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. The changes to the Fund described above may be subject to regulatory approval.

 

Contact Information

  • For further information, please contact:

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    Devinder Lamsar
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