Briefly:

By Staff | January 15, 2007 | Last updated on January 15, 2007
3 min read
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(January 15, 2007) Goodman & Company Investment Counsel Ltd. announced on Monday it will expand its tax-effective product offerings with the addition of two new Dynamic Funds Series T options and four new corporate class funds.

To complement its nine funds that offer Series T units, Dynamic will offer Series T units on its Dynamic Focus+ Wealth Management Fund and Dynamic American Value Fund. The Series T units are intended to offer investors diversified portfolios tailored to their investment objectives and cash flow needs, in a tax-efficient and convenient way.

Goodman & Company will also expand its corporate funds to include four new classes: Dynamic Dividend Income Class, Dynamic Global Dividend Value Class, Dynamic Canadian Dividend Class and Dynamic Value Balanced Class.

Goodman said its corporate class funds are meant to provide investors with many of the same growth-enhancing features as an RRSP but with the flexibility to make adjustments — without triggering tax consequences.

Series T units of Dynamic Focus+ Wealth Management Fund and Dynamic American Value Fund will aim to provide a monthly distribution equivalent to 8% annually. Series T units of both funds may be purchased with a front-end, deferred or low-load sales option.

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TSX helps listed companies boost profile

(January 15, 2007) TSX Group Inc. announced Monday it has teamed up with Equicom Group, an investor’s relations firm, to offer showcase meetings to help public companies raise their profiles within the Canadian investment community.

The program, entitled On the Radar, will be a series of showcase meetings held twice a month where two stock issuers will present company info to an audience of investors over the lunch hour. Investors are allowed to ask questions and each company will receive a feedback report that will be posted on both TSX and CNX Marketlink websites. For now, the meetings will be held in Toronto and Montreal, but TSX hopes to expand the program to Calgary and Vancouver later in the year.

We believe that this service offering will be of tremendous value to our listed issuers,” said Richard Nadeau, senior vice-president of TSX. “Public companies in Canada are striving for more visibility within the capital markets, and by teaming up with Equicom on this initiative, we are creating an effective platform that accomplishes exactly that.”

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Manulife hires renowned finance expert

(January 15, 2007) Manulife Financial has reached an agreement with Dr. Shlomo Benartzi, a behavioural finance expert from the University of California, to provide Manulife Canadian group pension clients with custom newsletters and quarterly advice on retirement savings trends.

Manulife cites Dr. Benartzi as a leader in his field. Benartzi and his team conduct research on the behaviour of retirement savings plan participants. Study results are already being used to help U.S.-based plan sponsors.

Manulife is applying a similar model to Canada. Its group retirement clients will receive custom newsletters featuring Dr. Benartzi’s research findings on participant activity. In addition, quarterly “webinars” will be available, allowing clients to participate in discussions with Dr. Benartzi.

“I’m pleased to bring this innovative service to our Canadian group pension customers,” says Paul Lorentz, senior vice-president of Manulife’s group savings and retirement solutions business. “Dr. Benartzi’s research offers plan sponsors a perspective that may help them better understand member behaviour, and then apply that knowledge to the management of their plans.”

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(01/15/07)

Advisor.ca staff

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.