Dynamic Funds(R) adds Jennifer Stevenson to Energy team

New portfolio manager on the ground in Calgary

TORONTO, Aug. 11 /CNW/ - Dynamic Funds(R) ("Dynamic"), managed by Goodman & Company, Investment Counsel Ltd., a wholly owned subsidiary of DundeeWealth Inc. ("DundeeWealth" or the "Company"), is pleased to announce the appointment of Jennifer Stevenson to Vice President & Portfolio Manager, Energy. Upon receiving regulatory approval as a portfolio manager, Ms. Stevenson will assume the roles of lead manager of Dynamic Global Energy Class and co-manager of Dynamic Energy Income Fund.

"Ms. Stevenson is the perfect example of the kind of talent that we are proud to offer investors at Dynamic Funds," said David Goodman, President and Chief Executive Officer of DundeeWealth Inc. "Her rich, on-the-ground experience adds bench strength to our portfolio management team and is a great fit with the entrepreneurial and opportunistic environment at Dynamic."

In addition to her primary fund mandates, Ms. Stevenson will also provide valuable energy sector insights to Dynamic's Equity Income team from the Company's Calgary office.

Ms. Stevenson brings more than 20 years of experience in the energy sector to her new position. Most recently, Ms. Stevenson held the role of Managing Director, Portfolio Management at a Calgary-based investment management company where she was responsible for the identification and selection of oil and gas investment opportunities. Ms. Stevenson also has a wealth of energy investment banking experience that includes a senior position with Dundee Capital Markets, a division of DundeeWealth. Furthermore, she draws on experience from previous positions at leading Canadian oil and gas producers and suppliers.

Ms. Stevenson has an Advanced Certificate in Petroleum Land Contract Administration. She has a Masters in Business Administration in Finance from the University of Alberta and a Bachelor of Commerce degree in Marketing and Finance from the University of Calgary.

About Dynamic Funds

Dynamic Funds is a division of Goodman & Company, Investment Counsel Ltd., a wholly owned subsidiary of DundeeWealth Inc. (TSX: DW). Goodman & Company offers a wide range of wealth management solutions through financial advisors. These include the mutual funds and hedge funds of Dynamic Funds, the portfolio solutions of the Marquis Investment Program, the flow-through limited partnerships of CMP(TM) and Canada Dominion and the high-net worth investment counsel of Goodman Private Wealth Management.

The above is for informational purposes only and is not, and under no circumstances shall be construed as an offering of the funds mentioned herein or any other securities or as investment advice. Investors should read the simplified prospectus of the funds for information about the funds' investment objectives, strategies and the risks associated with an investment in the funds before investing. Investors should discuss the suitability of the funds with their investment advisor before making any investment decisions.

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

For further information: Customer Relations Centre, Goodman & Company, Investment Counsel Ltd., 1-800-268-8186 or www.dynamic.ca; Myra Reisler, Media Relations, [phone]