BURLINGTON, MA, June 15, 2004— Dynamic Mutual Funds, a leading Canadian investment company, has selected a business intelligence (BI) solution from Cognos (NASDAQ: COGN; TSX; CSN) the world leader in enterprise BI and corporate performance management solutions to better monitor and analyze sales performance across product segments and to gain increased insight into customer relationships with the financial advisers who distribute their investment products. Dynamic Mutual Funds will present their successful solution at Cognos Forum on June 29th in Orlando, Florida.

Cognos EBI Series is integrated into the Customer Intelligence Practice (CIP), leveraging Dynamic's Siebel CRM system. With Cognos, sales and marketing employees can instantly access, analyze and report on the performance of national sales channels and have the ability to analyze data by customer type, transaction value, territory, transaction type, and by time. This critical business data is available online, saving significant time in report generation and distribution time.

"Since implementing this solution, management at Dynamic Mutual Funds has gained increased understanding of the performance of sales operations, down to the individual sales rep detail, and are better able to measure their marketing effectiveness," said Kevin Hynes, Chief Operating Officer, Dynamic Mutual Funds. "We have seen a significant boost to our sales and marketing effectiveness and we can now determine the rate of return on marketing dollars spent, as well as identify problems or opportunities in our sales channels. This translates to better financial decision-making, as well as improving our ability to market most effectively to our investment community."

"Understanding the profitability of products, sales channels and customers and how that relates to overall business performance is key to corporate success and are all areas where our banking and insurance customers are leveraging Cognos solutions," said Leo Tucker, director, banking solutions, Cognos. "Cognos EBI Series allows companies like Dynamic Mutual Funds to engage employees at both the corporate and branch levels and share critical performance information across the organization."

For more details on Cognos Forum 2004, please visit http://www.cognos.com/cognosforum/index.html.

ABOUT DYNAMIC MUTUAL FUNDS
Dynamic is a leading Canadian wealth management firm tracing its portfolio management roots over 45 years. Dynamic and its affiliates offer a wide range of wealth management solutions through registered financial advisors, including mutual funds; fee based programs (Viscount Wealth Management), limited partnerships (CMP and Canada Dominion), labour-sponsored funds, hedge funds and high net-worth investment counsel (Goodman Private Wealth Management). With more than 550,000 investors and more than $12.0 billion in assets under management, Dynamic has earned its place among the top wealth management companies in Canada. Dynamic is a division of Dundee Wealth Management Inc. (DW, DW.WT - TSX)