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Canadian Wealth Manager Ventures South With Fund Launches - Report

One of Canada's largest independent wealth management firms, DundeeWealth, is launching its first mutual funds in the US, according to the Wall Street Journal.
Through its US subsidiary, DundeeWealth US, the Toronto-based wealth manager is introducing six mutual funds and offering the same investment strategies to institutional buyers in separate accounts.
DundeeWealth is known for global equity, gold and natural-resource investing. It oversees $61 billion in assets in Canada.
The company was not immediately available to comment to WealthBriefing’s enquiries on the matter.
The six new funds are: Dynamic Infrastructure Fund, Dynamic Gold & Precious Metals Fund, Dynamic US Growth Fund, Dynamic Discovery Fund, Dynamic Contrarian Advantage Fund and Dynamic Energy Income Fund.
The portfolios will be run by DundeeWealth portfolio managers in Toronto who have been running similar portfolios in Canada for many years, said Amy Duling, managing partner of DundeeWealth US.