Dynamic offers currency-hedged growth fund

Date: Thursday, July 14, 2005
Author: Advisor.ca

Dynamic Mutual Funds has announced the launch of the Dynamic Power American Currency Neutral Fund, which aims to eliminate currency risks for Canadians seeking exposure to the massive U.S. stock market.

"The US is home to many sectors and industries that don't exist or are under-represented in other countries" says Noah Blackstein, portfolio manager of the fund. "This fund allows Canadian investors to take advantage of those opportunities, while giving them the option to limit their exposure to currency fluctuations."

Using a currency-hedging program, the fund will invest in the primarily in units of Dynamic Power American Growth Fund.