(February 1 – 12:40 ET) – Dynamic Mutual Funds Ltd. has launched its Dynamic Global Fund Corp., which allows investors within the corporation to switch from one fund investment style to another without triggering a capital gain.

Included in the 16 fund classes are three new product offerings: Dynamic Power International Class, Dynamic Power Europe Class and Dynamic Global Financial Services Class.

The funds included in the corporation are all managed by Dynamic’s top investment team and include Canadian, U.S. and international equity funds, as well as various sector and specialty funds. Investors in the funds will be able to defer capital gains due to the structure of a single mutual fund corporation rather than a series of mutual fund trusts.

“This is an invaluable wealth management tool,” says Jonathan Goodman, president of Dynamic Mutual Funds Ltd. “It gives investors freedom to actively manage asset allocation, without fearing the tax consequences.”

Another valuable tax benefit is increased flexibility with the foreign content portion of an RRSP or RRIF. Investors can freely switch among foreign funds without resetting their foreign content book value.

Because no gain is recognized on switches between funds within the fund corporation, foreign content book value remains locked-in at the original investment amount. This means that investors can grow their foreign investments, switch between international markets, and not worry about exceeding the foreign content limits.