Goodman & Company, Investment Counsel Ltd.

Goodman & Company, Investment Counsel Ltd.

October 26, 2005 17:35 ET

Viscount High Yield U.S. Bond Pool Announces Portfolio Advisor Change

TORONTO, ONTARIO--(CCNMatthews - Oct. 26, 2005) - Goodman & Company, Investment Counsel Ltd. ("Goodman & Company") announces that effective November 1, 2005 Babson Capital Management LLC, of Boston, Massachusetts, will be the portfolio advisor to the Viscount High Yield U.S. Bond Pool replacing Wellington Management Company, LLP.

Babson Capital is an ideal fit with the Viscount Wealth Management Program, with its focus on creating innovative investment solutions for sophisticated investors. The firm has more than US$90 billion in assets under management, which includes a unique array of fixed income, equity and alternative investment strategies. Babson Capital is a member of the MassMutual Financial Group, established in 1851 and one of the world's leading financial institutions, serving more than 11 million clients worldwide.

This move results from an extensive due diligence process directed by Goodman Institutional Investments in conjunction with Callan Associates Inc., providing third-party analysis and guidance. This oversight process typifies the ongoing monitoring and evaluation of the portfolio advisors in all of Goodman & Company's portfolio programs, including the Viscount, Marquis and Radiant programs. Ongoing, objective oversight ensures that each component of the Viscount Program performs at the top of the peer group over time.

Goodman & Company is a leading investment firm tracing its portfolio management roots back nearly 50 years, with approximately $16.5 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), hedge funds and high net-worth investment counsel (Goodman Private Wealth Management). Goodman & Company is a subsidiary of Dundee Wealth Management Inc. (DW - TSX). Goodman Institutional Investments is a division of Goodman & Company, Dealer Services Inc.

Contact Information

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