Frequently Asked Questions

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  Q  When do the partnership units roll over to the mutual fund?
  A  Canada Dominion partnerships have a mandatory holding period of anywhere between 12 to 24 months. Units of the partnership are illiquid during this time and can only be transferred in certain situations (see the prospectus for examples of when transfers are permitted). Once the holding period expires, the assets from the partnership are transferred into the mutual fund corporation on a tax-deferred basis. Shares of the mutual fund are distributed to the former limited partners of the partnership one to two months after the partnership has been dissolved (i.e., when it was merged into the fund). The manager uses the two month window to make changes to the portfolio as needed and perform the back office operations required to set up investor accounts at Dynamic for their new shares in DMP Resource Class.
 
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