Dynamic Funds announces proposed Fund and ETF changes

TORONTO, September 16, 2022

Dynamic Funds announces its intention to seek unitholder approval to amend the investment objectives of Dynamic Retirement Income+ Fund and Dynamic Active Retirement Income+ ETF (TSX: DXR) (together, the Funds), which if approved, would convert each of them to a conventional mutual fund for purposes of applicable securities legislation. The Manager believes that the proposed changes will benefit unitholders by providing a structure from which the portfolio manager can most effectively meet the investment objectives of the Funds.

The proposed changes to the investment objectives of the Funds will be voted on at special meetings to be held on October 18, 2022, in Toronto, Ontario, for unitholders of record as at August 29, 2022. The Meetings will be held concurrently, solely as virtual (online) meetings via live audio webcast at 11:00 a.m. (Toronto time).

Full details regarding the proposed amendments can be found in the Management Information Circular and other documents shown below.

 Press Release – Results of Special Meetings (October 19, 2022)
 Press Release (September 16, 2022)
 Notice and Access Document
 Management Information Circular

Subject to unitholder approval, it is currently anticipated that the proposed investment objectives changes will be implemented on or about October 28, 2022.