Dynamic Streamlines Fund Line-up.TORONTO Toronto (tərŏn`tō), city (1998 est pop. 2,400,000), provincial capital, S Ont., Canada, on Lake Ontario. Toronto is the largest city in Canada and since the 1970s has been one of the fastest-changing cities in North America, experiencing -- Goodman Goodman was a polite term of address, used where Mister (Mr.) would be used today. Compare Goodwife. Goodman refers to:
The streamlining initiative includes a series of mergers among the Dynamic group of funds group of funds See family of funds. as well as strategic changes to several related brands. The comprehensive plan will eliminate overlap o·ver·lap n. 1. A part or portion of a structure that extends or projects over another. 2. The suturing of one layer of tissue above or under another layer to provide additional strength, often used in dental surgery. v. mostly caused by previous acquisitions, and should achieve expense ratio cost-efficiencies for securityholders by merging mutual funds with similar investment objectives. The mergers will be subject to securityholder and regulatory approvals. In addition to the anticipated cost-efficiencies resulting from the streamlining initiatives, Goodman & Company plans to reduce management fees on several funds, effective October 1, 2005. The result will be a simpler and more cost-effective cost-effective, n the minimal expenditure of dollars, time, and other elements necessary to achieve the health care result deemed necessary and appropriate. product line-up. Investors will be asked to approve the mergers and related changes at special meetings ("Special Meetings") to be held on or about November 10, 2005. Certain mergers will also require regulatory approval. If approved, the mergers will take effect after the close of business on dates determined by Goodman & Company, currently expected to be between November 11 and November 19, 2005. Fee Reductions Effective October 1, 2005 the following funds will have reduced management fees: Dynamic Funds Current Fee New Fee --------------------------------------------------------------------- Dynamic Value Balanced Fund 2.25% 2.00% Dynamic Value Balanced Fund (Series F) 1.25% 1.00% Dynamic European Value Fund 2.50% 2.00% Dynamic Focus+ American Fund 2.25% 2.00% Dynamic Focus+ Canadian Fund 2.25% 2.00% Dynamic Focus+ Canadian Fund (Series F) 1.125% 1.00% Dynamic Canadian Technology Fund 2.35% 2.25% Dynamic Canadian Technology Fund (Series F) 1.35% 1.25% Fee Reductions Resulting From Mergers The following mergers will result in lower management fees for investors of the Terminating Funds: Terminating Fund Fee Continuing Fund Fee --------------------------------------------------------------------- Dynamic Greater China Fund 2.50% Dynamic Far East Value Fund 2.00% Dynamic Greater China Fund Dynamic Far East Value Fund (Series F) 1.50% (Series F) 1.25% Hathaway Focus+ American Dynamic Focus+ Canadian Fund 2.25% Fund 2.00% Hathaway Focus+ Canadian Dynamic Focus+ Canadian Fund 2.25% Fund 2.00% Hathaway Focus+ World Dynamic Focus+ Canadian Fund 2.25% Fund 2.00% Dynamic Focus+ World Dynamic Focus+ Canadian Equity Fund 2.50% Fund 2.00% Dynamic Focus+ World Dynamic Focus+ Canadian Equity Fund (Series F) 1.50% Fund 1.00% Dynamic Focus+ World Dynamic Focus+ Canadian Equity Fund I 2.50% Fund 2.00% Dynamic Focus+ World Dynamic Focus+ Canadian Equity Fund I (Series F) 1.50% Fund 1.00% Hathaway Focus+ Balanced Dynamic Focus+ Balanced Canadian Fund 2.25% Fund 2.00% Dynamic Global Real Estate Dynamic Focus+ Real Estate Fund 2.25% Fund 2.00% Dynamic Global Resource Dynamic Focus+ Resource Fund 2.25% Fund 2.00% Cartier Bond Fund 1.50% Dynamic Income Fund 1.25% Rebranding and mergers of Cartier Funds and MultiPartners Portfolios Cartier Cdn. Equity Fund and Cartier Global Equity Fund will continue to operate, and will be rebranded as part of the Marquis Investment Program in early 2006. This will enhance Marquis by adding style-diversified portfolios managed by institutional investors Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. focusing exclusively on Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma. and global markets. The streamlining initiative proposes the November 2005 mergers of Cartier Bond Fund, Cartier Small Cap Cdn. Equity Fund and Cartier Money Market Fund into established Dynamic Funds with similar objectives, and the merger of Cartier Multimanagement Portfolio into MultiPartners Balanced Growth RSP RSP right sacroposterior (position of the fetus). Portfolio. MultiPartners Balanced RSP, MultiPartners Balanced Growth RSP and MultiPartners High Growth RSP Portfolios, which total $275 million net assets Net assets The difference between total assets on the one hand and current liabilities and noncapitalized long-term liabilities on the other hand. net assets See owners' equity. , will continue to operate, and will be rebranded as part of the Marquis Investment Program in early 2006. This will enhance the Marquis Investment Program by adding diversified diversified (di·verˑ·s portfolios focused on Canadian markets. The streamlining initiative proposes the November 2005 mergers of MultiPartners Global Balanced, MultiPartners Balanced Growth and MultiPartners High Growth Portfolios, totalling $75 million in net assets, into three Radiant radiant: see meteor shower. Strategic Portfolios. Both the terminating and continuing Portfolios have strong positions in global markets. Fund Merger Details and Related Changes Under the proposal, twenty-seven mutual funds (the "Terminating Funds") will be merged into other mutual funds (the "Continuing Funds") managed by Goodman & Company, as follows:
Terminating Fund Continuing Fund
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Dynamic Protected Dividend Value Fund Dynamic Dividend Value Fund
Dynamic Protected American Value Fund Dynamic American Value Fund
Commonwealth Protected Canadian Dynamic Focus+ Balanced Fund
Balanced Fund
Commonwealth Canadian Balanced Fund Dynamic Focus+ Balanced Fund
Dynamic Greater China Fund Dynamic Far East Value Fund
Dynamic Focus+ World Equity Fund Dynamic Focus+ Canadian Fund
Dynamic Focus+ World Equity Fund I Dynamic Focus+ Canadian Fund
Dynamic Global Precious Metals Fund Dynamic Canadian Precious
Metals Fund
Dynamic Global Real Estate Fund Dynamic Focus+ Real Estate
Fund
Dynamic Global Resource Fund Dynamic Focus+ Resource Fund
Dynamic American Value Class Dynamic Global Value Class
Dynamic Focus+ Equity Class Dynamic Global Value Class
Hathaway Focus+ American Fund Dynamic Focus+ Canadian Fund
Hathaway Focus+ Canadian Fund Dynamic Focus+ Canadian Fund
Hathaway Focus+ World Fund Dynamic Focus+ Canadian Fund
Hathaway Focus+ Balanced Canadian Fund Dynamic Focus+ Balanced Fund
Hathaway Focus+ Wealth Management Fund Dynamic Focus+ Wealth
Management Fund
Hathaway Money Market Fund Dynamic Money Market Fund
Radiant Money Market Fund Dynamic Money Market Fund
DMP Focus+ Equity Class DMP Global Value Class
Cartier Money Market Fund Dynamic Money Market Fund
Cartier Small Cap Cdn. Equity Fund Dynamic Power Small Cap Fund
Cartier Bond Fund Dynamic Income Fund
Cartier Multimanagement Portfolio MultiPartners Balanced
Growth RSP Portfolio
MultiPartners Global Balanced Portfolio Radiant Growth Portfolio
MultiPartners Balanced Growth Portfolio Radiant High Growth
Portfolio
MultiPartners High Growth Portfolio Radiant All Equity Portfolio
By merging the three "Protected Funds Protected Fund A type of mutual fund that guarantees an investor at least the initial investment, plus any capital gains, if it is held for the contractual term. The idea behind this type of fund is that you will be exposed to market returns because the fund is able to invest in ," the principal guarantees provided by those Terminating Funds will end and be replaced with a one-time payment from Goodman & Company to each unitholder, which will be equal to the insurance proceeds which would have been paid if the merger date was the maturity date for each investment in those funds. Investors will have the additional advantage of continuing in funds with significantly lower MERs. Other Changes Subject in each case to receipt of securityholder approval by the fund at the Special Meetings, each of Dynamic Canadian Precious Metals Precious Metals Valuable metals such as gold, iridium, palladium, platinum, and silver. Notes: Investing in precious metals can be done either by purchasing the physical asset, or by purchasing futures contracts for the particular metal. Fund, Dynamic Canadian Technology Fund, Dynamic Focus+ Balanced Fund Balanced Fund A mutual fund that invests its assets into the money market, bonds, preferred stock, and common stock with the intention to provide both growth and income. Also known as an asset allocation fund. , Dynamic Focus+ Canadian Fund, Dynamic Focus+ Real Estate Fund and Dynamic Focus+ Resource Fund intends to remove from its investment objectives and strategies the requirement to invest primarily in Canadian securities. Where approved, the names of certain of these funds also will change as follows. Current Name New Name ------------------------------------------------- Dynamic Canadian Precious Metals Fund Dynamic Precious Metals Fund Dynamic Canadian Technology Fund Dynamic Technology Fund Dynamic Focus+ Canadian Fund Dynamic Focus+ Equity Fund Goodman & Company is a leading investment firm tracing its portfolio management roots back over 45 years, with more than $17 billion in assets under management. Goodman & Company, including Dynamic Mutual Funds and its affiliates, offers a wide range of wealth management solutions through registered financial advisors, including mutual funds; fee based programs (Viscount viscount European title of nobility, ranking immediately below a count, or earl. The wife of a viscount is a viscountess. In the Carolingian period, the vicecomes were deputies or lieutenants of the counts (comes), whose official powers they exercised by delegation. and Marquis), limited partnerships (CMP CMP (cytidine monophosphate): see cytosine. (1) (CMP Media LLC, Manhasset, NY, www.cmp.com) Part of United Business Media, CMP is a leading integrated media company that offers a wide variety of publications and services in the information and Canada Dominion dominion, power to rule, or that which is subject to rule. Before 1949 the term was used officially to describe the self-governing countries of the Commonwealth of Nations—e.g., Canada, Australia, or India. ), hedge funds hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long" and high net-worth investment counsel (Goodman Private Wealth Management). Goodman & Company is a division of Dundee Wealth Management Dundee Wealth management is a Toronto, Canada based financial services firm. The parent company of Dundee Wealth Management is Dundee Corporation. Dundee Wealth Management operates a number of different wholly-owned subsidiaries, shown in the sections below. Inc. (DW - TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension ). |
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