Four Dynamic mutual funds have been renamed effective immediately, Goodman & Co., Investment Counsel Ltd. said Wednesday.

The new fund names, managed by Goodman’s Equity Income team, more clearly reflect the mandate under which each of the funds operate, Goodman & Co. said.

The following funds are affected by the changes:

• Dynamic Focus+ Diversified Income Fund becomes Dynamic Equity Income Fund;

• Dynamic Focus+ Energy Income Trust Fund becomes Dynamic Energy Income Fund;

• Dynamic Focus+ Small Business Fund becomes Dynamic Small Business Fund; and

• Dynamic Focus+ Real Estate Fund becomes Dynamic Global Real Estate Fund.

The Equity Income team is led by Oscar Belaiche, vice president & portfolio manager at Goodman & Co., and includes portfolio managers Jason Gibbs and Andrew Taylor, as well as John Harris, senior portfolio strategist. The Equity Income team invests in quality businesses, with a focus on securities that pay a dividend or distribution.

The mandates of Dynamic Equity Income Fund, Dynamic Energy Income Fund and Dynamic Small Business Fund permit the manager to invest in a range of income-generating securities that pay a dividend or a distribution.

Dynamic Global Real Estate Fund has been renamed to better reflect its global mandate.

IE