Dynamic Funds(R) launches DynamicEdge Target Date Portfolios
TORONTO, April 26 /CNW/ - Dynamic Funds(R) ("Dynamic"), managed by Goodman & Company, Investment Counsel Ltd., today announces the addition to the DynamicEdge line-up of three target date mandates, each available as both a corporate class and trust portfolio (the "Target Date Portfolios").
The DynamicEdge Portfolios now include both target date and fixed asset mix solutions. The new offerings are intended to help financial advisors build more customized portfolios by providing broader asset allocation choices to meet their client's risk tolerance, financial goals and investment timelines. Each Target Date Portfolio trends toward more conservative investments by shifting the emphasis to fixed income securities as the portfolio's target date approaches.
------------------------------------------------------------------------- DynamicEdge Target Date Portfolio Initial Asset Target Date Allocation Asset Allocation ------------------------------------------------------------------------- DynamicEdge 2020 Portfolio 50% Equities 20% Equities DynamicEdge 2020 Class Portfolio 50% Fixed Income 80% Fixed Income (10 years) ------------------------------------------------------------------------- DynamicEdge 2025 Portfolio 65% Equities 20% Equities DynamicEdge 2025 Class Portfolio 35% Fixed Income 80% Fixed Income (15 years) ------------------------------------------------------------------------- DynamicEdge 2030 Portfolio 80% Equities 20% Equities DynamicEdge 2030 Class Portfolio 20% Fixed Income 80% Fixed Income (20 years) -------------------------------------------------------------------------
The Target Date Portfolios have a unique "Reserve Balance" feature that allows the portfolio manager to set aside a portion of the portfolio in short term bond funds for capital protection. The portion of assets invested at any given time in the Reserve Balance may vary depending on the portfolio manager's assessment of market conditions.
The DynamicEdge Portfolios provide one ticket access to a broad range of Dynamic mutual funds, diversified by asset class, geographic region, investment style and market capitalization. For investors who prefer a mix of equities and fixed income that does not change over time, the following DynamicEdge fixed asset mix portfolios are also available:
--------------------------------------------------------------- DynamicEdge Fixed Asset Mix Portfolio Fixed Asset Allocation --------------------------------------------------------------- DynamicEdge Balanced Portfolio 50% Equities 50% Fixed Income --------------------------------------------------------------- DynamicEdge Balanced Growth Portfolio 65% Equities 35% Fixed Income --------------------------------------------------------------- DynamicEdge Growth Portfolio 80% Equities 20% Fixed Income --------------------------------------------------------------- DynamicEdge Equities Portfolio 100% Equities ---------------------------------------------------------------
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 portfolios mentioned herein or any other securities or as investment advice. Investors should read the simplified prospectus of the portfolios for information about the portfolios' investment objectives, strategies and the risks associated with an investment in the portfolios before investing. Investors should discuss the suitability of the portfolios 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, Public Affairs, (416) 365-5370
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