Canada Dominion Resources 2011 Limited Partnership Raises $47.3 Million
Canada Dominion Resources 2011 Limited Partnership (the "Partnership"), managed by Dundee Securities Ltd. and sub-advised by Ned Goodman Investment Counsel Limited, announces that is has completed the first closing of its initial public offering of limited partnership units, raising $47,300,600 in gross proceeds.
The Partnership, which is registered and available in all provinces and territories in Canada, anticipates having a second closing on or about March 10, 2011.To obtain a hard copy of the prospectus or to receive further details on the current offering, please contact your broker to request a copy.
Canada Dominion 2009 - A Top Performer
On January 7, 2011, Canada Dominion Resources 2009 Limited Partnership successfully completed its tax-deferred rollover into Dynamic Managed Portfolios Ltd. whereby limited partners will receive shares of DMP Resource Class upon the dissolution of the partnership on or about February 18, 2011.
On the date of the rollover, Canada Dominion 2009 had a net asset value per unit of $37.78, representing an after-tax rate of return of 155.1% for an Ontario resident subject to the highest marginal tax rate.