Connor, Clark & Lunn Capital Markets Inc. Declares Distributions for Funds

TORONTO, July 20, 2012 /CNW/ - Connor, Clark & Lunn Capital Markets Inc. today declared July 2012 cash distributions for the following funds:

Fund Trading
Symbol
Distribution
Amount
(per Unit)
Record
Date
Payable
Date
Distribution
Amount
Annualized
TSX Trading
Price Per Unit
as of
Jul. 19, 2012
Current
Yield
Australian Banc Capital
Securities Trust (Class A Units
and Class F Units)*
AUZ.UN $0.15 Jul. 31, 2012 Aug. 15, 2012 $0.60 $9.10 6.6%
Build America Investment
Grade Bond Fund  (Class A
Units and Class F Units)*
BAB.UN $0.1198 Jul. 31, 2012 Aug. 15, 2012 $1.44 $22.64 6.4%
CC&L Financial Opportunities
Fund  (Class A Units and Class
F Units)
GFO.UN $0.01833 Jul. 31, 2012 Aug. 15, 2012 $0.22 $4.23 5.2%
CC&L Real Return Income Fund* RRB.UN $0.02083 Jul. 31, 2012 Aug. 15, 2012 $0.25 $7.43 3.4%
HBanc Capital Securities Trust
- Class A Units, Series 1 and 2*
HSC.UN (Series 1) $0.1458 Jul. 31, 2012 Aug. 15, 2012 $1.75 $22.94 7.6%
HBanc Capital Securities Trust
- Class U Units, Series 1 and 2*
Not listed U.S. $0.1458 Jul. 31, 2012 Aug. 15, 2012 U.S. $1.75    
ING Floating Rate Senior
Loan Fund, Class A Units*
ISL.UN $0.0417 Jul. 31, 2012 Aug. 15, 2012 $0.50 $9.28 5.4%
ING Floating Rate Senior
Loan Fund, Class U Units*
ISL.U U.S. $0.0417 Jul. 31, 2012 Aug. 15, 2012 U.S. $0.50 $9.09 5.5%
Low Volatility Canadian
Equities Income Fund
LOW.UN $0.05 Jul. 31, 2012 Aug. 15, 2012 $0.60 $9.35 6.4%

*Distributions are expected to be characterized as 100% return of capital.

Connor, Clark & Lunn Capital Markets Inc. (CC&L Capital Markets) is a leading Canadian structured financial products investment firm that is focused on creating and managing high quality investment vehicles that will stand the test of time and ultimately allow our clients to achieve their personal financial goals. Formed in 2001, CC&L Capital Markets has designed, launched and currently manages sixteen investment vehicles, raising more than $2 billion in assets.

CC&L Capital Markets is part of the Connor, Clark & Lunn Financial Group.  Connor, Clark & Lunn Financial Group provides investment management services to individuals, advisors, pension plans, institutional investors and foundations.  The investment platform offers a broad range of traditional and alternative investment management services, including domestic and international equities and fixed income, hedge funds, private equity and infrastructure.

As Canada's only multi-boutique asset management firm, Connor, Clark & Lunn Financial Group is uniquely focused on creating the conditions for success for its clients, partners and employees.  The firm has offices in Vancouver, Edmonton, Calgary, Regina, Toronto, Ottawa and Montreal and through its affiliated investment managers is responsible for the investment of approximately $40 billion in assets under management.

 

SOURCE Connor, Clark

For further information:

please visit www.cclcapitalmarkets.com or contact:

Darren Cabral
Vice President & CFO
Connor, Clark & Lunn Capital Markets Inc.
416-214-6182
Toll Free: 1-888-276-2258
cclcapitalmarkets@cclgroup.com

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Connor, Clark & Lunn Capital Markets Inc.

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Australian Banc Capital Securities Trust

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