(January 12 – 10:00 ET) — Dynamic Mutual Funds Ltd. says its pension-style $1.3 billion flagship fund, Dynamic Partners Fund, will immediately adapt all three investment styles currently offered by its wholly owned investment manager, Goodman and Co. Investment Counsel.
The strategy of using the three styles – value investing, growth investing and focus investing – within its equity component will allow the Dynamic Partners Fund to more successfully continue its mandate as a conservative, pension-style, balanced mutual fund. Previously only a value management style was utilized. The multi-dimensional equity strategy is consistent with the manner in which many successful large pension funds have recently diversified their equity holdings.
The Dynamic Partners Fund allocates its assets to fixed income and equity securities and fully complies with Canadian pension fund rules. Within the equity component, the assets will now be divided between value, growth and focus investment styles. The fund will make full use of its foreign content allocation.
IE Staff