Goodman & Company, Investment Counsel Ltd. today launched Dynamic Global Value Balanced Fund, a balanced fund offering global diversification to help Canadians access the best stocks and most attractive bonds the world has to offer.
Two award-winning managers have joined forces to build and manage the Dynamic Global Value Balanced Fund portfolio. Goodman & Co.’s global equity specialist David Fingold will manage the fund’s value-style equities, and Barry Allan, founder of Marret Asset Management Inc., will manage the high-yield bond portion of the portfolio.
“What’s most unique about this fund, is the complete flexibility we have to go wherever there is value on both the equity and the fixed income side,” said David Fingold, in a news release. “We are not constrained by any index and we have all the tools we need to control risk.”
Fund highlights include:
- Tactical asset allocation – with no fixed asset mix, managers have maximum flexibility to go where valuations are most attractive;
- Value style management – a unique combination of undervalued stocks and bonds;
- Diversification – well diversified by region and sector; complementary asset classes provide superior risk/return profile;
- Risk management – active hedging minimizes sensitivity to interest rate and credit spread changes and foreign currency exposure.
The fund is also available in Series T units to meet the cash flow needs of Canadians approaching retirement.
Fingold is also the lead portfolio manager of Dynamic American Value Fund and two other global value funds, including Dynamic Global Discovery Fund, which won Global Equity Fund of the Year at the first annual Lipper Fund Awards 2007 Canada.
Barry Allan is also the lead portfolio manager of Dynamic High Yield Bond Fund, which won High-Yield Bond Fund of the Year at the 2005 Canadian Investment Awards. He also co-manages two other Dynamic value funds, including Dynamic Value Balanced Fund, which was named Canadian Balanced Fund of the Year at the Lipper Fund Awards 2007 Canada.