TORONTO, ONTARIO--(Marketwire - Jan. 9, 2012) - CMP 2010 Resource Limited Partnership ("CMP 2010") and CMP 2010 II Resource Limited Partnership ("CMP 2010 II" and together with CMP 2010, the "Partnerships") are pleased to announce that the Partnerships have completed the transfer of their assets into Dynamic Managed Portfolios Ltd. ("DMP Ltd.") in exchange for shares of DMP Resource Class.
On the date of transfer, January 6, 2012, the net asset values for CMP 2010, CMP 2010 II and DMP Resource Class were $743.87 per unit, $600.79 per unit and $20.57 per share, respectively. Upon the dissolution of the Partnerships, on or about February 6, 2012, shares of DMP Resource Class will be distributed to limited partners. In the interim, investors in the Partnerships can determine a value for their holdings in DMP Resource Class by multiplying the number of units they held in CMP 2010 and CMP 2010 II by 36.1621 and 29.2064 shares of DMP Resource Class, respectively. The derived net asset value per unit of the Partnerships will continue to be available on the CMP™ website (www.cmpfunds.ca) until the dissolution of the Partnerships.
DMP Ltd., an open-ended mutual fund corporation, offers multiple classes of mutual fund shares, including DMP Resource Class. Each class of shares constitutes a separate mutual fund (each a "DMP Fund"), the DMP Resource Class being one of the DMP Funds. DMP Resource Class is managed by Goodman & Company, Investment Counsel Ltd. ("Goodman & Company") and sub-advised by Ned Goodman Investment Counsel Limited ("NGIC"). The multiple class structure of DMP Ltd. allows investors to switch between the DMP Funds on a tax-deferred basis and reposition their investment portfolios to meet their individual investment requirements.
About CMP
CMP is a pioneer in flow-through investing, with a history dating back to when flow-through shares were first introduced by the federal government. Since its creation in 1984, CMP has successfully raised and invested over $2.7 billion in companies active in exploration and development efforts across Canada. When combined with Canada Dominion, the two partnerships form the largest flow-through investing platform in Canada, raising a combined total of more than $4 billion in assets throughout their history.
About Dundee Securities Ltd.
Dundee Securities, manager of the Partnership and the flow-through limited partnerships of Canada Dominion and of CMP, is an investment dealer and wholly owned subsidiary of Dundee Capital Markets Inc. ("Dundee Capital Markets")(TSX:DCM). Dundee Capital Markets is a full service investment bank that provides financing and advisory service for public and private companies, financial advisory for private clients as well as research and institutional trading services to clients in Canada, the United States and Europe. Dundee Corporation (TSX:DC.A) holds approximately 49% of Dundee Capital Markets.
About Goodman & Company
Goodman & Company offers a wide range of wealth management solutions through financial advisors. These include the mutual funds and hedge funds of Dynamic Funds®, the portfolio solutions of the Marquis Investment Program and the high net worth wealth management of DundeeWealth Investment Counsel. Goodman & Company is a wholly owned subsidiary of DundeeWealth Inc. DundeeWealth Inc. is a wholly-owned subsidiary of Scotiabank and part of the Bank's Global Wealth Management business line.
About NGIC
NGIC is a wholly owned subsidiary of Dundee Corporation and is led by Ned Goodman, CFA, utilizing a team of resource specialists at Dundee Resources Limited. NGIC acts as sub-advisor to certain investment funds and limited partnerships managed by Dundee Securities in addition to investment funds managed by Goodman & Company.
Contact Information:
1-800-268-8186
www.cmpfunds.ca