October 1, 2014
San Diego, CA – October 1, 2014 - Dunham & Associates Investment Counsel, Inc.
(DAIC), a leading investment firm with over $3.3 billion in assets under management and administration, today announced the launch of the
firm's Global Macro fund, the Dunham Dynamic Macro Fund (DNAVX). This fund adds to Dunham's existing Liquid Alternative fund offerings and
will be sub-advised by Mellon Capital who DAIC believes brings a seasoned portfolio management team, a sophisticated research platform,
and a disciplined approach to Global Macro asset management.
"We have always been very selective and thoughtful towards our approach to launching new funds and have sought to build a family of funds
that provide our investors with unique investment opportunities," says President and CEO, Jeffrey A. Dunham, who goes on to remark "We believe
that this fund will provide further depth to our investment line-up and will be a great addition to the selection of alternative investments
available in the Dunham Fund family."
Interestingly, Dunham's Dynamic Macro Fund also acts as the final addition to their Allocation Risk Budgeting for EquitiesSM program,
which is the firm's strategic approach to the risk management of growth equity portfolios. Dunham's Chief Sales & Marketing Officer,
Salvatore M. Capizzi, describes Allocation Risk Budgeting for EquitiesSM as "a mix of four alternative Dunham Funds representing
low correlated asset classes that we believe offer the best combination of risk characteristics to potentially mitigate
the risk inherent in growth equity portfolios. "
Mr. Capizzi notes that "We recognize that you cannot eliminate risk from growth investing and Allocation Risk Budgeting for EquitiesSM
puts diversification at the heart of the overall growth investment process using what we refer to as a "sleeve" of alternative investments
designed to potentially act as a buffer when markets are performing poorly and participate nicely when markets are doing well."
Ryan Dykmans, Dunham's Research Director, also commented that "We are thrilled about the addition of the Dunham Dynamic Macro Fund and what
this may mean for our investors and the Financial Advisors with whom we work." He indicates that "If you are able to prudently manage
portfolio risk during periods of uncertainty and volatility, investors may be better equipped to stay with their overall investment plan
and thereby have an improved shot at achieving their goals. We are very excited to be able to assist investors in any way that we can and
think that this new fund may serve them well."
Celebrating the Dunham Funds 10 year anniversary in December and DAIC's 30 year anniversary in 2015, the firm is proud to launch this
strategy as part of Allocation Risk Budgeting for EquitiesSM and is looking forward to helping investors grow their investments for
many years to come.
For more information about the Dunham Dynamic Macro Fund (DNAVX) or Allocation Risk Budgeting for EquitiesSM, please speak to your
financial advisor, visit www.dunham.com or call (800) 442-4358.
About Dunham & Associates
Founded in 1985, Dunham & Associates Investment Counsel, Inc. (DAIC) is an independently owned Registered Investment Adviser and
Broker/Dealer. DAIC has specialized in providing wealth management solutions and related services for institutions, foundations, and
high-net-worth individuals for over two decades. Dunham & Associates Holdings, Inc., parent company for Dunham & Associates
Investment Counsel, Inc. and Dunham Trust Company, has over $3.3 billion in assets under management and administration.
For more information about Dunham & Associates Investment Counsel, Inc. and its investments and services, visit www.dunham.com or
call (800) 442-4358.
Investors should consider the investment objectives, risk factors, charges, and expenses of the Dunham Funds carefully
before investing. This and other important information is contained in the Fund's summary prospectus and/or prospectus, which may be
obtained by contacting your financial advisor, or by calling toll free (800) 442-4358. Please read prospectus materials carefully before
investing or sending money.