Dynamic Funds

Dynamic Funds
DundeeWealth Inc.
TSX : DW

DundeeWealth Inc.

December 29, 2006 13:39 ET

Marquis Investment Program Appoints New Investment Managers

TORONTO, ONTARIO--(CCNMatthews - Dec. 29, 2006) - Goodman & Company, Investment Counsel Ltd. announces the appointment of two new sub-advisors for Marquis Global Equity Pool, a new portfolio manager for Marquis Enhanced Canadian Equity Pool, and a new underlying fund for the Marquis MultiPartners Portfolios.

Selections were made by an Oversight Committee made up of investment management, investment research, product development and product management professionals from Goodman & Company and Dundee Wealth Management Inc. This followed an intensive manager search by Goodman Institutional Investments. The priority was finding high-quality complements to the carefully-selected investment managers already represented in the Marquis Investment Program.

Deutsche Investment Management Americas Inc. of New York and Baillie Gifford Overseas Limited of Edinburgh have been appointed as sub-advisors with global mandates for Marquis Global Equity Pool. Both new managers complement continuing sub-advisor, London-based Morgan Stanley Investment Management, in keeping with the Pool's multimanagement approach. Deutsche Investment Management Americas Inc. and Baillie Gifford Overseas are expected to take up their new mandates on or about January 5, 2007, replacing State Street Global Advisors, Ltd. and Walter Scott & Partners Limited.

Rohit Sehgal, Chief Investment Strategist of Goodman & Company, Investment Counsel Ltd. has been appointed as portfolio manager of the growth mandate for Marquis Enhanced Canadian Equity Pool. In keeping with the pool's multimanagement approach, his approach complements continuing sub-advisors Jarislowsky, Fraser Limited and Standard Life Investments Inc. Rohit Sehgal is expected to take up this new mandate on or about January 5, 2007, replacing AGF Private Investment Management Limited.

Synergy Canadian Corporate Class has been selected for the Canadian equity growth mandate in the Marquis MultiPartners Growth Portfolio, Marquis MultiPartners High Growth Portfolio and Marquis MultiPartners Equity Portfolio. Synergy Canadian Corporate Class is expected to become an underlying fund in the Marquis MultiPartners Portfolios on or about January 19, 2007. Thereafter, Bissett Canadian Equity Fund and Fidelity True North Fund will no longer be underlying funds in the Marquis MultiPartners Portfolios.

The Marquis Investment Program - Marquis MultiPartners Portfolios, Marquis Diversified Portfolios and Marquis Pools - has $1.8 billion in assets under management. Marquis products feature 12 investment management firms worldwide which generally focus on institutional investors, along with mutual funds from six leading companies in Canada.

With more than $21 billion in assets under management, Goodman & Company is a leading Canadian investment firm. Goodman & Company, including Dynamic Funds™ and its affiliates, offers a wide range of wealth management solutions through registered financial advisors. These include mutual funds, portfolio solutions such as the Marquis Investment Program, 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 Dundee Wealth Management Inc. (TSX:DW).

Contact Information

  • Customer Relations Centre
    1-800-268-8186
    Website: www.dynamic.ca
    or
    Goodman & Company, Investment Counsel Ltd.
    Trevor Hampden
    Director, Media Relations
    (416) 365-5002