Dynamic Funds

Dynamic Funds
Goodman & Company, Investment Counsel Ltd.

Goodman & Company, Investment Counsel Ltd.

August 20, 2007 10:31 ET

Dynamic Funds™ Launches Series 3 of Dynamic RetirementEdge Income Portfolios™

Three Deposit Note options meet range of needs of investors approaching retirement

TORONTO, ONTARIO--(Marketwire - Aug. 20, 2007) - Goodman & Company, Investment Counsel Ltd. ("Goodman & Company") launches its third series of Dynamic RetirementEdge Income Portfolios™ ("Deposit Notes"), an investment solution that balances the wealth accumulation and distribution needs of baby boomers.

Dynamic RetirementEdge Income Portfolios™ Series 3 will be available until Friday, October 12, 2007. The Deposit Notes will be issued by Bank of Montreal on or about October 17, 2007 and are 100 per cent eligible for registered plans.

Series 3 will meet the ongoing demand for a portfolio solution that allows investors to benefit from the growth potential of equities, a stable income stream, unique tax efficiencies, systematic asset allocation, and a fixed low annual fee. The new offering builds on the success of the first two series, delivering sound financial planning practices by addressing investors' long-term needs.

i) Current Pay Notes™; monthly distributions begin immediately, at an annual rate of 6.6% of the original deposit amount, adjusted for inflation. The Deposit Notes mature on October 14, 2022.

ii) Deferred 5 Notes™; monthly distributions begin in year six, at an annual rate of 6.6% of the higher of the fund portfolio value or original deposit amount, adjusted for inflation. The Deposit Notes mature on October 15, 2027.

iii) Deferred 10 Notes™; monthly distributions begin in year 11, at an annual rate of 6.6% of the higher of the fund portfolio value or original deposit amount, adjusted for inflation. The Deposit Notes mature on October 15, 2032.

Dynamic RetirementEdge Income Portfolios™ Series 3 invests in the same seven leading Dynamic funds as the first two series, including:



Dynamic Advantage Bond Fund Dynamic Global Dividend Value Fund
Dynamic Value Fund of Canada Dynamic Global Value Fund
Dynamic Dividend Fund Dynamic Global Discovery Fund
Dynamic Power Canadian Growth Fund


The complete terms of the offerings are set out in the Information Statements dated August 7, 2007 relating to the Deposit Notes.

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 $24 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).

The above is for information purposes only and is not, and under no circumstances shall be construed as, an offering of the Deposit Notes or as investment advice. The information contained herein is intended to be read in conjunction with the Information Statement and is qualified in its entirety by reference to the Information Statement.

The fluctuations in the value of, and the return on, the fund portfolio will directly impact the distributions and return, if any, on the Deposit Notes. It is possible that no return will be paid on the Deposit Notes. The return, if any, on the Deposit Notes will be reduced by applicable fees and sales prior to maturity may be subject to an early trading charge as set out in the applicable Information Statement. Investors should read the Information Statement carefully before investing and discuss the suitability of the Deposit Notes with an Investment Advisor before making any investment decisions.

Bank of Montreal makes no assurances, representations or warranties with respect to the accuracy, reliability or completeness of information contained herein. No person has been authorized to give any information or to make any representation not contained in the Information Statements relating to the Deposit Notes and Bank of Montreal and Goodman & Company do not accept any responsibility for any information not contained in the Information Statements.

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