Dynamic Funds, managed by Goodman & Company, Investment Counsel Ltd., Monday announced the list of Dynamic mutual funds for which it plans to launch a new series for investors residing in provinces not subject to the Harmonized Sales Tax.


Dynamic has proposed to create a non-HST Series A security for the following 44 funds:

Canadian Equity Funds
– Dynamic Canadian Dividend Fund
– Dynamic Canadian Value Class
– Dynamic Power Canadian Growth Class
– Dynamic Power Canadian Growth Fund
– Dynamic Power Small Cap Fund
– Dynamic Value Fund of Canada

Foreign Equity Funds
– Dynamic American Value Fund
– Dynamic Focus+ Equity Fund
– Dynamic Global Discovery Fund
– Dynamic Global Dividend Value Fund
– Dynamic Global Value Fund
– Dynamic Power Global Growth Class

Equity Income Funds
– Dynamic Dividend Fund
– Dynamic Energy Income Fund
– Dynamic Equity Income Fund
– Dynamic Small Business Fund

Balanced Funds
– Dynamic Dividend Income Fund
– Dynamic Focus+ Balanced Fund
– Dynamic Power Balanced Class
– Dynamic Power Balanced Fund
– Dynamic Strategic Yield Class
– Dynamic Strategic Yield Fund
– Dynamic Value Balanced Class
– Dynamic Value Balanced Fund

Fixed Income Funds
– Dynamic Advantage Bond Fund
– Dynamic Canadian Bond Fund
– Dynamic High Yield Bond Fund

Specialty Funds
– Dynamic Diversified Real Asset Fund
– Dynamic Financial Services Fund
– Dynamic Focus+ Resource Fund
– Dynamic Precious Metals Fund
– Dynamic Strategic Gold Class

Portfolio Solutions
– Dynamic Strategic Growth Portfolio
– DynamicEdge Balanced Class Portfolio
– DynamicEdge Balanced Portfolio
– DynamicEdge Balanced Growth Class Portfolio
– DynamicEdge Balanced Growth Portfolio
– DynamicEdge Equity Portfolio
– DynamicEdge Growth Portfolio
– Marquis Balanced Portfolio
– Marquis Growth Portfolio
– Marquis Institutional Balanced Growth Portfolio
– Marquis Institutional Balanced Portfolio

Dynamic Managed Portfolios
– DMP Resource Class

“The selection process included careful analysis of asset size and asset class to ensure a broad range of cost-efficient solutions is available,” Dynamic said in a release.

The non-HST series for each fund is expected to be available for new purchases and switches by investors in the fall of 2010.

The redesignation of eligible assets of the funds from the current series to the new non-HST series is expected to take place in the first quarter of 2011.

The implementation of the non-HST series for the funds is subject to all necessary approvals, including regulatory approval and, where applicable, shareholder approval.

Investors in Series A of the funds will be notified in advance of the redesignation from the current series to the new non-HST series, Dynamic said.

IE