Acuity Funds Ltd. Releases Estimates of 2007 Year-End Distributions For Certain Mutual & Pooled Funds Under Management



    TORONTO, Dec. 10 /CNW/ - Acuity Funds Ltd. ("Acuity") announced today
estimates of certain year-end (2007) distributions to be paid by the Acuity
Mutual Funds and Acuity Pooled Funds listed below. The distributions listed
below exclude any regular fixed monthly or quarterly distribution amounts. It
is anticipated that these estimated year-end distributions will be paid on
December 31, 2007 to unitholders of record as at the close of business on
December 28, 2007:

    
                           Mutual Funds - Class A
                           ----------------------

    -------------------------------------------------------------------------
    Fund                                  Distribution      As a Percentage
                                            Per Unit       of Nov 30/07 NAV
    -------------------------------------------------------------------------

    Acuity Canadian Equity Fund                $0.45                    1.8%
    -------------------------------------------------------------------------
    Acuity All Cap 30 Equity Fund              $1.05                    3.7%
    -------------------------------------------------------------------------
    Acuity Canadian Small Cap Fund             $0.50                    3.1%
    -------------------------------------------------------------------------
    Acuity Canadian Balanced Fund              $0.05                    0.3%
    -------------------------------------------------------------------------
    Acuity Conservative Asset Allocation
     Fund                                      $0.10                    0.9%
    -------------------------------------------------------------------------
    Acuity Fixed Income Fund                   $0.10                    0.9%
    -------------------------------------------------------------------------
    Acuity Social Values Canadian Equity
     Fund                                      $0.80                    4.4%
    -------------------------------------------------------------------------
    Acuity Social Values Balanced Fund         $1.85                   11.1%
    -------------------------------------------------------------------------

                                 Pooled Funds
                                 ------------

    -------------------------------------------------------------------------
    Fund                                  Distribution       As a Percentage
                                            Per Unit        of Nov 30/07 NAV
    -------------------------------------------------------------------------
    Acuity Pooled Income Trust Fund            $0.45                    2.3%
    -------------------------------------------------------------------------
    Acuity Pooled Fixed Income Fund            $0.20                    1.4%
    -------------------------------------------------------------------------
    Acuity Pooled Short Term Fund              $0.07                    0.9%
    -------------------------------------------------------------------------
    Acuity Pooled Conservative Asset
     Allocation Fund                           $0.70                    4.1%
    -------------------------------------------------------------------------
    Acuity Pooled Dividend Fund                $0.30                    2.8%
    -------------------------------------------------------------------------
    Acuity Pooled Balanced Fund                $0.30                    1.5%
    -------------------------------------------------------------------------
    Acuity Pooled Canadian Equity Fund         $2.30                    8.6%
    -------------------------------------------------------------------------
    Acuity Pooled Canadian Small Cap Fund      $1.55                    4.3%
    -------------------------------------------------------------------------
    Acuity Pooled Pure Canadian Equity Fund    $1.15                    4.5%
    -------------------------------------------------------------------------
    Acuity Pooled Social Values Canadian
     Equity Fund                               $1.20                    6.2%
    -------------------------------------------------------------------------
    Acuity Pooled Global Equity Fund           $0.10                    0.5%
    -------------------------------------------------------------------------
    Acuity Pooled Global Balanced Fund         $0.10                    0.7%
    -------------------------------------------------------------------------
    Acuity Pooled EAFE Fund                    $0.05                    0.5%
    -------------------------------------------------------------------------
    Acuity Pooled US Equity Fund               $0.05                    0.4%
    -------------------------------------------------------------------------
    

    These preliminary, estimated year-end distributions should be treated as
forward-looking information that was based on certain assumptions and
information currently available to Acuity and its advisers. Actual 2007
year-end distributions will be subject to general market conditions, trading
patterns and other factors that may transpire prior to the end of this year.
Therefore, actual 2007 year-end distributions may be materially different from
the estimated amounts set forth above. There is no absolute guarantee that
these funds will pay a distribution at year-end.
    It is expected that other Acuity Mutual Funds and other Acuity Pooled
Funds (those not listed above) will not pay a year-end (2007) distribution,
except for those funds that have a regular fixed monthly or quarterly
distribution - however, this could change if there are significant changes in
market and other conditions which relate to the criteria used by Acuity in
determining whether a distribution should be made by a particular fund.

    Acuity is the manager of the Acuity Mutual Funds and Acuity Pooled Funds
listed above. Acuity Investment Management Inc., an affiliate of Acuity,
provides investment advisory and portfolio management services to these funds.
Acuity, and Acuity Investment Management Inc., manage approximately
$8.9 billion in assets on behalf of mutual funds, pooled funds, closed-end
(TSX-listed) funds, pension funds, foundations, and private clients.





For further information:

For further information: Jeff Tomlin, Director, Financial Reporting at
Acuity Funds Ltd., at 1-800-461-4570

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ACUITY FUNDS LTD.

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