Dynamic Funds(TM) launches Dynamic Short Term Bond Fund

New fund broadens Dynamic's fixed-income line up

TORONTO , Jan. 11 /CNW/ - Dynamic Funds(TM) ("Dynamic"), managed by Goodman & Company, Investment Counsel Ltd., today announces the launch of the Dynamic Short Term Bond Fund (the "Fund"). The Fund, co-managed by Domenic Bellissimo and Michael McHugh of Dynamic's Fixed Income Team, seeks to provide a high level of interest income while preserving capital and maintaining liquidity.

The Fund has the flexibility to invest in a broad geographic mix of both government and investment-grade corporate bonds. The Fund also has the ability to actively hedge currency and interest rate risk.

The Fund targets a fixed monthly distribution of 1.88 cents per unit with an initial yield of 2.26% based on a net asset value of $10.00 , which is fixed but not guaranteed.

Mr. Bellissimo , Portfolio Manager at Goodman & Company, has more than 15 years of industry experience, including 11 years in credit analysis. Mr. McHugh , Vice President and Portfolio Manager at Goodman & Company, is the head of Dynamic's Fixed Income Team and has more than 23 years of industry experience with a specialization in debt markets.

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, hedge funds and closed-end investment trusts 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; Tom Lockett, Brand & Communications, [phone]