Goodman & Company, Investment Counsel Ltd. today launched a second series of Dynamic RetirementEdge Income Portfolios, an investment solution tailored to the needs of Canadians planning, approaching or enjoying their retirement years.

Dynamic RetirementEdge Income Portfolio Series 2 will be available until Friday, July 6. The deposit notes will be issued by Bank of Montreal on July 11 and are 100% eligible for registered plans.


Building on the positive response to Series 1, which closed May 18, Series 2 continues to promote sound financial planning practices by addressing investors’ long-term needs. The deposit motes give investors the opportunity to benefit from the growth potential of equities, a stable income stream, unique tax efficiencies, systematic asset allocation, and a fixed low annual fee.


As with Dynamic RetirementEdge Series 1, three versions of the deposit notes are available:

  1. Current Pay Notes; monthly distributions begin immediately, at an annual rate of 6.6% of the original deposit amount, adjusted for inflation. The deposit notes mature on July 8, 2022.
  2. Deferred 5 Notes; monthly distributions begin in year six, at an annual rate of 6.6% of the higher of the fund portfolio value or original deposit amount, adjusted for inflation. The deposit notes mature on July 9, 2027.
  3. Deferred 10 Notes; monthly distributions begin in year 11, at an annual rate of 6.6% of the higher of the fund portfolio value or original deposit amount, adjusted for inflation. The deposit notes mature on July 9, 2032.

    Dynamic RetirementEdge Income Portfolios Series 2 invests in the same seven leading Dynamic funds as the first series, including:
    • Dynamic Advantage Bond Fund;
    • Dynamic Global Dividend Value Fund;
    • Dynamic Value Fund of Canada;
    • Dynamic Global Value Fund;
    • Dynamic Dividend Fund;
    • Dynamic Global Discovery Fund; and
    • Dynamic Power Canadian Growth Fund.

    The complete terms of the offerings are set out in the Information Statements dated May 14, relating to the deposit notes.