Goodman & Company, Investment Counsel Ltd., manager of Dynamic Funds and the diversiFunds, announced that unitholders have voted to approve the mergers of the remaining diversiFunds with mutual funds.

At special meetings on Tuesday, unitholders approved the merger of diversiTrust Energy Income Fund with Dynamic Energy Income Fund, and the merger of diversiTrust Income+ Fund with Dynamic Strategic Yield Fund.

The mergers are expected to occur on March 26.

The units of diversiTrust Energy Income Fund and diversiTrust Income+ Fund will be voluntarily delisted from the Toronto Stock Exchange at the close of business on March 18, 2010.

Earlier in March, Goodman announced that the other remaining diversiFunds, which are closed-end investment trusts, would also be voluntarily delisted from the TSX. These include diversiGlobal Dividend Value Fund, diversiTrust Income Fund, diversiTrust Stable Income Fund and diversiYield Income Fund.

The company expected the delisting of the units to occur at the close of business on Tuesday, in preparation for the following mergers, which are expected to occur on March 26:

– diversiGlobal Dividend Value Fund with Dynamic Global Dividend Value Fund; and

– each of diversiTrust Income Fund, diversiTrust Stable Income Fund and diversiYield Income Fund with Dynamic Strategic Yield Fund

IE