Unitholders approve change in investment objective of Dynamic Equity Income
Fund

TORONTO, Oct. 13 /CNW/ - Goodman & Company, Investment Counsel Ltd. ("Goodman & Company"), manager of Dynamic Equity Income Fund (the "Fund"), is pleased to announce that unitholders have today voted to approve the change in the investment objective and strategy of the Fund to allow the Fund to achieve high income and long-term growth of capital by investing primarily in equity securities that pay a dividend or distribution.

The Fund's new investment objective and strategy are expected to provide the Fund with greater flexibility to invest in other forms of issuers, such as corporations, in pursuing its mandate. These changes are in response to the amendments to the tax treatment of income trusts beginning in January 2011, whereby income trusts will be taxed at the same rate as corporations. Many income trusts are converting to corporations, thus reducing the number of income trusts available for the Fund to invest in. 

About Goodman & Company
Goodman & Company is a Canadian asset management company tracing its roots back more than 50 years. 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™ and Canada Dominion and the high-net worth investment counsel of DW Investment Counsel. Goodman & Company is a wholly owned subsidiary of DundeeWealth Inc. (TSX: DW).

Caution regarding forward-looking statements
Certain portions of this news release may contain forward-looking statements about the Fund. Forward-looking statements include statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "expects", "anticipates", "intends", "plans", "believes", "estimates" and similar forward-looking expressions or negative versions thereof. In addition, any statement that may be made concerning future performance, strategies or prospects, and possible future Fund action, is also a forward-looking statement. Forward-looking statements are inherently subject to, among other things, risks and uncertainties, some of which may be unforeseeable. Accordingly, assumptions concerning future economic and other factors may prove to be incorrect at a future date.

Forward-looking statements are not guarantees of future performance, and actual events could differ materially from those expressed or implied in any forward-looking statements made by the Fund. Any number of important factors could contribute to these digressions, including, but not limited to, failure to receive regulatory approval to implement the changes described herein. We stress that the above mentioned list of important factors is not exhaustive.

We encourage you to consider these and other factors carefully before making any investment decisions and we urge you to avoid placing any undue reliance on forward-looking statements. Further, you should be aware of the fact that the Fund has any specific intention of updating any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law. For a complete disclosure record for the Fund, please visit the Fund's profile at www.sedar.com.

For further information:

Customer Relations Centre     Goodman & Company, Investment Counsel Ltd.       1.800.268.8186 or www.dynamic.ca

Myra Reisler Media Relations 416.365.5370