Briefly:

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Dynamic Funds has launched the Dynamic Emerging Markets Class, which will combine growth and value investing in one emerging markets mutual fund. As part of the Dynamic corporate class structure, it also offers tax efficient switching.

The fund is managed by two of Dynamic’s stars: growth manager Rohit Sehgal and value-focused Chuk Wong, who will blend top-down and bottom-up research to create a portfolio that seeks to long-term capital appreciation.

“The degree of economic growth in the emerging markets has provided an abundance of growth stocks to choose from and transformed the equity markets there into a stock picker’s paradise,” said Sehgal, chief investment strategist at Dynamic Funds.

“The rapid economic growth in emerging Asia, favourable demographics in the Indian subcontinent, and abundant natural resources in Latin America and Africa collectively offer investors a rare opportunity to participate in the extraordinary potential of these exciting global markets,” added Wong, vice-president and portfolio manager at Dynamic Funds.

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Manulife, CGI renew IT services contract

Manulife Financial has renewed its service contract with CGI Group, which will continue to provide IT services to Manulife into 2013. Those services will continue to be based out of CGI’s global delivery center in Halifax, Nova Scotia.

“Our needs have evolved and CGI has the flexibility and industry insight to work with us,” said Wayne Martin, senior vice-president and chief information officer of Manulife’s Canadian Division. We’ve been working together since 2004, and we’re confident that CGI will continue to provide us with the reliable and agile IT services we need to deliver on our client commitments.”

Manulife first signed on with CGI in 2004.

“Manulife is a formidable global player, and we’re thrilled to continue to leverage our global delivery capabilities and offer competitively priced IT services to Manulife through our home-shore center of excellence,” said Doug McCuaig, President, Canada, CGI.

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Horizons Advantaged Equity appoints new manager

Horizons Advantaged Equity Fund has announced that JovInvestment Management Inc., an affiliate of JovFunds Management Inc., will replace JovFunds as the manager of the fund, effective on the close of business September 27, 2010

The adjustment does not affect the existing roles of T.I.P. Wealth Manager Inc. and Leon Frazer & Associates Inc., which will each continue to act as sub-advisors of the fund.

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BoC released upcoming policy schedule

Christmas may come just once a year, but Bank of Canada policy announcements are just too much excitement – they need to be spread out. For any interest rate fans out there, the Bank of Canada has released the full schedule for 2011.

Between now and the end of 2011, the Bank will announce policy decisions on the following dates:

Wednesday, 8 September 2010 Tuesday, 19 October 2010 Tuesday, 7 December 2010 Tuesday, 18 January 2011 Tuesday, 1 March 2011 Tuesday, 12 April 2011 Tuesday, 31 May 2011 Tuesday, 19 July 2011 Wednesday, 7 September 2011 Tuesday, 25 October 2011 Tuesday, 6 December 2011

(07/29/10)