DundeeWealth Introduces Dynamic Funds in U.S.

BERWYN, Pa., Oct 19, 2009 (BUSINESS WIRE) --

Leading Canadian asset manager DundeeWealth Inc. ("DundeeWealth" or the "Company") (TSX: DW) today announced the introduction of a series of U.S. registered mutual funds in its Dynamic family of funds. These funds are being made available in the U.S. market through its subsidiary DundeeWealth US, LP ("DundeeWealth US").

"The Company's portfolio managers seek to take advantage of opportunities in our changing global economy," said Pete Moran, managing partner at DundeeWealth US. "The Dynamic Funds employ an opportunistic approach to global investing that has been the hallmark of Dynamic's success in Canada. DundeeWealth has expertise in global equity, gold and natural resource investing that we expect to appeal to investors in the U.S."

Based in Berwyn, Pennsylvania, DundeeWealth US is a registered investment adviser and provides management and oversight of the Company's U.S. operations. "We will offer investment services in the U.S through mutual funds, commingled vehicles, private funds and institutional separate account management," said Amy Duling, managing partner, DundeeWealth US. "We have already begun the process of introducing Dynamic Funds to our established relationships in key distribution channels."

The following Dynamic funds are available in the U.S. through DundeeWealth US:

-- Dynamic Gold & Precious Metals Fund (DWGOX) managed by Robert Cohen

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This was a condensed version of the NR