Dynamic Managed Portfolios
Canada Dominion and CMP limited partnerships continue to lead the industry in flow-through investing. We’ve set the standard for high quality portfolios and strong performance and now we’ve raised the bar with enhanced flexibility for your flow-through investments. Dynamic Funds™ now offers a choice of seven leading mutual funds for your limited partnership rollover assets. The funds are offered within a corporate structure, allowing you to convert from the primary rollover class to any other class within Dynamic Managed Portfolios (“DMP”) on a tax-deferred basis.
Portfolio managers in this fund:
Fund Facts as at June 30, 2010
| Mutual Fund Type |
| Corporation |
| Inception Date |
| 1/15/2007 |
| Fund Category |
| Balanced/asset allocation |
| Total Assets |
| $22.3 million(s) |
| MER |
| 2.79% |
| Management Fee |
| 2.00% |
| Underlying Fund |
| Dynamic Value Balanced Class |
| # of Holdings |
| 146 |
Risk Tolerance
low
moderate
high
Investment Style
Top:
V(alue), B(lend),
G(rowth) approach.
Left:
S(mall), M(id),
L(arge) cap bias for equities.
Fund Codes
| Series | FE | LL | DSC | NL |
| A | 9852 | | | |
| F | | | | 9849 |
Fundserv prefix: DYN
Recent Distributions
| Date | Dist |
| June 2010 | -- |
| May 2010 | -- |
| April 2010 | -- |
| March 2010 | -- |
| February 2010 | -- |
| January 2010 | $0.3220 |
| December 2009 | $0.0284 |
| November 2009 | -- |
| October 2009 | -- |
| September 2009 | -- |
| August 2009 | -- |
| July 2009 | -- |
Unit Price (NAVPS) update
| Latest Fund price (7/30/2010): |
$4.32 |
|
$0.01 |
(0.23%) |
Key Reasons to Own This Fund
- Quality “one-fund” solution
- Asset mix is tactically managed
- Conservative, capital-preserving management style
Investment Discipline
DMP Value Balanced Class seeks to achieve a high level of interest and dividend income and capital appreciation as is consistent with safety of capital by investing primarily in high quality equity securities and high-yield debt obligations.
This fund is part of Dynamic Managed Portfolios Ltd. (“DMP Ltd.”) which serves as the roll over vehicle for the Canada Dominion Resources and CMP Resource limited partnerships. Due to the generous tax advantages associated with limited partnerships and the low adjusted cost base of roll over proceeds, the fund may, on occasion, experience taxable events in the form of capital gains and/or dividends resulting in a taxable event for shareholders. Accordingly, shares are only suitable to be purchased by investors who are converting from one corporate class fund to another within DMP Ltd. or who are investing through a registered plan.
Compounded Returns (%) (Series A) • as at June 30, 2010
| 1 month |
3 months |
6 months |
1 year |
3 years |
5 years |
10 years |
Inception |
| -1.4 |
-3.7 |
-2.8 |
12.8 |
0.0 |
-- |
-- |
1.6 |
Mutual fund regulations restrict the presentation of
performance figures until a fund reaches its one-year anniversary. |
Calendar Returns (%) (Series A) • as at June 30, 2010
| 2010 (YTD) |
2009 |
2008 |
2007 |
2006 |
2005 |
2004 |
2003 |
2002 |
2001 |
2000 |
| -2.8 |
37.4 |
-20.2 |
-1.0 |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
Mutual fund regulations restrict the presentation of
performance figures until a fund reaches its one-year anniversary. |
Historical Returns (%) (Series A) • as at June 30, 2010
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | YTD |
| 2010 | -3.3 | 2.6 | 1.6 | 1.8 | -4.1 | -1.4 | | | | | | | -2.8 |
| 2009 | -2.2 | -1.9 | 6.0 | 8.4 | 8.9 | -1.3 | 3.2 | 0.8 | 8.0 | -1.7 | 2.2 | 2.8 | 37.4 |
| 2008 | -1.9 | 2.3 | 0.0 | 3.8 | 4.8 | 2.8 | -4.5 | 0.9 | -11.8 | -12.6 | -4.8 | 0.6 | -20.2 |
| 2007 | 1.8 | 0.2 | -0.2 | 2.9 | 2.3 | -1.7 | -2.5 | -1.9 | 2.0 | 1.6 | -5.0 | -0.2 | -1.0 |
Asset Allocation (%)
as at June 30, 2010
| | Holding | % |
|
| Common Stocks-Canadian | 49.5 |
|
| Foreign Bonds & Debentures | 20.2 |
|
| Common Stocks-US | 10.9 |
|
| Cash, Short-Term Investments & Other Net Assets | 7.3 |
|
| Canadian - Foreign Pay Bonds | 4.8 |
|
| Corporate Bonds - Canadian | 4.3 |
|
| Common Stocks-Foreign | 2.5 |
|
| Convertible Debentures | 0.5 |
Geographic Allocation (%)
as at June 30, 2010
| | Holding | % |
|
| Canada | 59.1 |
|
| United States | 30.3 |
|
| Israel | 1.5 |
|
| Brazil | 1.0 |
|
| Luxembourg | 0.5 |
|
| Bermuda | 0.3 |
Sector Allocation (%)
as at June 30, 2010
| | Holding | % |
|
| Materials | 20.6 |
|
| Energy | 16.8 |
|
| Financials | 14.5 |
|
| Consumer Discretionary | 4.5 |
|
| Telecommunication Services | 2.3 |
|
| Information Technology | 2.2 |
|
| Consumer Staples | 1.1 |
|
| Industrials | 0.9 |
Sector Allocation, year-end (%)
as at December 31, 2009
| | Holding | % |
|
| Materials | 18.1 |
|
| Energy | 16.4 |
|
| Financials | 14.6 |
|
| Consumer Discretionary | 3.7 |
|
| Information Technology | 2.4 |
|
| Telecommunication Services | 2.0 |
|
| Consumer Staples | 2.0 |
|
| Industrials | 1.5 |
Top Equity Holdings June 30, 2010
| Holding | % |
| Osisko Mining Corporation | 3.8 |
| EnCana Corporation | 3.3 |
| Kinross Gold Corporation | 3.2 |
| Magna International Inc., Class "A", Subordinated Voting | 3.2 |
| Eldorado Gold Corporation | 2.9 |
| HudBay Minerals Inc. | 2.8 |
| Progress Energy Resources Corp. | 2.6 |
| Barrick Gold Corporation | 2.4 |
| Rogers Communications Inc., Class "B" | 2.3 |
| Bank of America Corporation | 2.2 |
| Total allocation in top equity holdings | 28.7 |
Top Bond Holdings June 30, 2010
| Holding | % |
| Texas Competitive Electric Holdings Company LLC, 4.065% Oct.10 14 Series "B2" | 1.0 |
| Charter Communications Operating, LLC, 10.875% Mar.15 12 | 0.9 |
| Teck Resources Limited, 10.25% May 15 16 | 0.8 |
| Iron Mountain Incorporated, 7.75% Jan.15 15 | 0.7 |
| Consolidated Thompson Iron Mines Limited, 8.50% Jan.27 17* | 0.7 |
| Connacher Oil and Gas Limited, 11.75% Jul.15 14 | 0.6 |
| MGM MIRAGE, 13.00% Nov.15 13 | 0.6 |
| Xinergy Corp., 9.75% Apr.29 15* | 0.6 |
| Wynn Las Vegas LLC, 6.625% Dec.01 14 | 0.6 |
| NRG Energy, Inc., 8.50% Jun.15 14 | 0.6 |
| Total allocation in top bond holdings | 7.1 |
Dynamic Fund Profile rendered at 7/31/2010 7:57:47 PM.