Goodman & Co., Investment Counsel Ltd. yesterday announced several changes to its mutual funds effective on or about June 23, in connection with a series of fund mergers announced previously.
Dynamic Advantage Bond Fund, which will be created through a proposed change to Dynamic World Convertible Debentures Fund, will see its series F management fee decreased from 1.00% to 0.65%, subject to unitholder approval of the mandate change.
In addition, Dynamic Canadian High Yield Bond Fund will change its name to Dynamic High Yield Bond Fund.
And finally, Goodman & Co. no longer intends to merge Dynamic Strategic Growth Portfolio into Dynamic Power Balanced Fund. Dynamic Strategic Growth Portfolio will continue to offer a one-stop solution for investors seeking a portfolio diversified by asset class, geographic region and investment style.
Goodman & Company is an investment firm, with approximately $20 billion in assets under management.
Goodman & Co. announces changes to funds
- By: IE Staff
- May 26, 2006 May 26, 2006
- 08:20