Dynamic Funds Announces Results of Securityholder Meetings on Proposed Fund Mergers

Dynamic Funds (CNW Group/Dynamic Funds)

TORONTO, June 13, 2017 /CNW/ - 1832 Asset Management L.P. (the "Manager"), as manager of the Dynamic Funds, today announced that it has received securityholder approval at special meetings held on June 9, 2017 to merge certain mutual funds. 

The following mergers will take effect after the close of business on or about June 16, 2017:

Terminating Fund		Continuing Fund
Dynamic Global Value Class	to merge into	Dynamic Global Value Fund
Dynamic EAFE Value Class
Dynamic Emerging Markets Class
Dynamic Emerging Markets Fund
Dynamic Resource Fund	to merge into	Dynamic Strategic Resource Class

The following mergers will take effect after the close of business on or about June 23, 2017:

Terminating Fund		Continuing Fund
Dynamic Power Canadian Growth Class	to merge into	Dynamic Power Canadian Growth Fund
Dynamic Power Dividend Growth Class
Dynamic Strategic Bond Fund	to merge into	Dynamic Canadian Bond Fund
Dynamic Canadian Asset Allocation Class	to merge into	Dynamic Canadian Dividend Fund
Dynamic Power Balanced Class	to merge into	Dynamic Power Balanced Fund
Dynamic Aurion Tactical Balanced Class
Dynamic Strategic Growth Portfolio	to merge into	DynamicEdge Balanced Growth Portfolio
Dynamic Power American Currency Neutral Fund	to merge into	Dynamic Power American Growth Fund

The proposal to merge Dynamic Money Market Class into Dynamic Money Market Fund did not receive sufficient securityholder approval and, as a result, this particular merger will not proceed.

About Dynamic Funds
Dynamic Funds is a division of 1832 Asset Management L.P., which offers a range of wealth management solutions, including mutual funds, investment solutions for private clients, institutional clients and managed asset programs. 1832 Asset Management L.P. is a limited partnership, the general partner of which is wholly owned by Scotiabank. ® Dynamic Funds is a registered trademark of its owner, used under license.

Commissions, trailing commissions, management fees and expenses all may be associated with investments in the funds. Please read the prospectus before investing. Investments in the funds are not guaranteed; their values change frequently and past performance may not be repeated.

SOURCE Dynamic Funds

For further information, please contact: Customer Relations Centre, 1-800-268-8186, www.dynamic.ca; For media enquiries only: Rick Roth, Global Communications, Scotiabank, [email protected]