Goodman & Co., Investment Counsel Ltd., the manager of the Dynamic Strategic Portfolios, Radiant Strategic Portfolios and the Diversified Program, announced today that it will terminate its RSP portfolios on August 12.

The decision to eliminate the RSP portfolios follows from the recent legislation eliminating the 30% foreign content limit.

The RSP portfolios will be closed to new sales effective Tuesday August 9. At the close of business on August 12, Goodman & Co. will terminate the portfolios and investors will receive the equivalent value of their investment in the corresponding underlying portfolio.

The following portfolios will be eliminated:

  • Dynamic Strategic RSP High Growth Portfolio;
  • Dynamic Strategic RSP All Equity Portfolio:
  • Radiant Growth RSP Portfolio;
  • Radiant High Growth RSP Portfolio;
  • Radiant All Equity RSP Portfolio;
  • Diversified RSP High Growth Portfolio; and
  • Diversified RSP All Equity Portfolio.