Goodman & Co announces Dynamic Power Hedge Fund series consolidation

_*Goodman & Company, Investment Counsel Ltd, manager of Dynamic Funds
has announced a series consolidation for Dynamic Power Hedge Fund
whereby Series A units and Series F units of the fund will be
reclassified into Series C units and Series FC units, respectively.
The reclassification is expected to take place on March 25, 2011.*_

Each Terminating Series (A and F) has the same characteristics as its
replacement Continuing Series (C and FC). Effective, March 21, 2011,
both Continuing Series, which are currently capped, will be opened to
new purchases, while both Terminating Series will be capped to new
purchases and will no longer be offered. The reclassifications will be
automatic and will have no tax consequences to unitholders.

In 2009, in response to a decline in net asset values experienced as a
result of the global financial crisis, the manager added high water
marks to the performance fees of certain Dynamic investment funds,
including the fund, to protect investors from paying twice for the
same performance. At the same time, duplicate series of units of the
affected funds were created for administrative purposes to track the
different high water marks that would apply to purchases prior to and
after January 1, 2009.

The net asset values of the fund's units have since returned to and
surpassed the year end levels they achieved in December 2007 before
the markets began their decline. As a result, all four series of the
Fund have overcome their high water marks, eliminating the need for
the duplicate series.

Source: Hedgeweek.com