DundeeWealth, a Canadian wealth manager, is offering is first U.S. mutual funds. DundeeWealth is selling the six funds through its American subsidiary.
“Dynamic Funds has become an iconic, well-respected brand in Canada’s mutual fund industry, having established its reputation over more than 50 years,” said David Goodman, president and chief executive officer of DundeeWealth. “Our goal is to expand DundeeWealth’s global presence by introducing our talented portfolio managers and proven investment discipline to retain and institutional investors in the U.S. In 2008, we made an acquisition that provided us with an experienced management team and a ready platform for distribution in the highly competitive U.S. market.”
The new lineup includes funds investing in: infrastructure, gold and precious metals, U.S. growth, contrarian stocks and energy. Dundee plans to launch other finds in the U.S., as well as commingled trusts targeting retirees.