Dynamic Funds is launching a new gold fund, the company said Monday.

Dynamic Strategic Gold Class, managed by Goodman & Company, Investment Counsel Ltd., seeks to achieve long-term capital appreciation by investing primarily in a strategic mix of gold bullion and equity securities of issuers engaged in the exploration, development or production of gold.

“With the flexibility to invest in a combination of gold bullion and gold equities, the Fund may provide investors with an opportunity for better risk-adjusted returns than investing in each independently,” says Robert Cohen, lead portfolio manager of the fund and vice president and portfolio manager at Goodman & Co. “Our objective is to set a new standard for investing in gold with Dynamic Strategic Gold Class”.

Asset allocation is at the discretion of the portfolio manager and will be modified according to changing economic and market conditions, Dynamic Funds says.

Cohen has been an analyst and portfolio manager with Dynamic Funds since 1998 and is also the lead manager of the Dynamic Precious Metals Fund. Cohen has more than 15 years of combined industry experience in the mining sector working as an analyst, portfolio manager, engineer, project manager and corporate development advisor.

IE