Goodman & Company, Investment Counsel Ltd.

Goodman & Company, Investment Counsel Ltd.

May 25, 2006 16:53 ET

Goodman & Company, Investment Counsel Ltd.: Changes to Funds and Fund Merger Proposal

TORONTO, ONTARIO--(CCNMatthews - May 25, 2006) - Goodman & Company, Investment Counsel Ltd. ("Goodman & Company") announces several changes to its mutual funds effective on or about June 23, in connection with a series of fund mergers announced previously. Dynamic Advantage Bond Fund, which will be created through a proposed change to Dynamic World Convertible Debentures Fund, will see its series F management fee decreased from 1.00% to 0.65%, subject to unitholder approval of the mandate change. In addition, Dynamic Canadian High Yield Bond Fund will change its name to Dynamic High Yield Bond Fund. And finally, Goodman & Company no longer intends to merge Dynamic Strategic Growth Portfolio into Dynamic Power Balanced Fund. Dynamic Strategic Growth Portfolio will continue to offer a one-stop solution for investors seeking a portfolio diversified by asset class, geographic region and investment style.

Goodman & Company is a leading 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, portfolio solutions (Viscount and Marquis), limited partnerships (CMP and Canada Dominion), hedge funds and high net-worth investment counsel (Goodman Private Wealth Management). Goodman & Company is a subsidiary of Dundee Wealth Management Inc. (TSX:DW).


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