Acuity Funds Ltd. Announces Annual Reports for Acuity Multi Cap Total Return Trust



    /THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES/

    TORONTO, March 21 /CNW/ - Acuity Funds Ltd., the Manager of Acuity Multi
Cap Total Return Trust (the Trust) is pleased to announce the Annual Financial
Statements and Annual Management Report of Fund Performance for the year ended
December 31, 2006 will be available at www.acuityfunds.com and www.sedar.com
within 48 hours.

    Acuity Multi Cap Total Return Trust is a closed-end investment trust with
the investment objectives of providing holders of Units with monthly
distributions, preserving capital throughout the life of the Trust and
enhancing the long-term total return within the Portfolio.

    Acuity Investment Management Inc. ("Acuity") provides investment advisory
and portfolio management services to the Trust. The Trust will invest in a
diversified portfolio of securities consisting primarily of units of income
funds (the "Portfolio"). Acuity was formed in 1990 and currently has assets
under management of approximately $8.7 billion.

    Acuity Multi Cap Total Return Trust (TSX: ART.UN)

    65 Queen Street West
    Suite 1800
    Toronto, ON
    M5H 2M5

    %SEDAR: 00022618E




For further information:

For further information: George Henry, Chief Financial Officer at Acuity
Funds Ltd. at 1-800-461-4570

Organization Profile

ACUITY MULTI-CAP TOTAL RETURN TRUST

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ACUITY FUNDS LTD.

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