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



    TORONTO, June 19 /CNW/ - Connor, Clark & Lunn Capital Markets Inc. today
declared June 2008 cash distributions for the following funds:

    
    -------------------------------------------------------------------------
                                                                TSX
                                                              Trading
                                                               Price
                                                                Per
                                                      Distri-   Unit
                           Distri-                    bution   as of
                           bution                     Amount    June
                  Trading  Amount    Record  Payable  Annual-    18,  Current
         Fund     Symbol (per unit)   Date    Date     ized     2008   Yield
    -------------------------------------------------------------------------
    CC&L
     Conservative                  Jun. 30,  Jul. 15,
     Income Fund  CCQ.UN  $0.0583    2008      2008   $0.70    $9.47    7.4%
    -------------------------------------------------------------------------
    CC&L
     Conservative
     Income Fund                   Jun. 30,  Jul. 15,
     II(*)        CCK.UN  $0.0542    2008      2008   $0.65    $9.18    7.1%
    -------------------------------------------------------------------------
    CC&L Real
     Return
     Income                        Jun. 30,  Jul. 15,
     Fund(*)      RRB.UN  $0.03125   2008      2008   $0.375   $8.30    4.5%
    -------------------------------------------------------------------------
    CC&L Global
     Financials
     Fund II
     (Common
     Units and
     Class F                       Jun. 30,  Jul. 15,
     Units)       GFT.UN  $0.05      2008      2008   $0.60    $7.13    8.4%
    -------------------------------------------------------------------------
    CANADIAN
     Financials
     & Utilities
     Split Corp.
     (Class A                      Jun. 30,  Jul. 15,
     Shares)       CFS    $0.028     2008      2008   $0.336   $9.70    3.5%
    -------------------------------------------------------------------------
    Focused
     Global
     Trends Fund
     (Class A
     Units and
     Class F                       Jun. 30,  Jul. 15,
     Units)       FTF.UN  $0.04167   2008      2008   $0.50    $7.40    6.8%
    -------------------------------------------------------------------------
    (*)Distributions are 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 fifteen investment vehicles with combined assets of
approximately $1.0 billion. 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
$36 billion in financial assets.





For further information:

For further information: please visit www.cclcapitalmarkets.com or
contact: Tim Bradshaw, National Sales Manager, Connor, Clark & Lunn Capital
Markets Inc., (416) 364-3658, tbradshaw@cclgroup.com; Bonnie Chwartacki,
Western Canada, Connor, Clark & Lunn Capital Markets Inc., (204) 781-8242,
bchwartacki@cclgroup.com; John Colangelo, Ontario, Connor, Clark & Lunn
Capital Markets Inc., (416) 367-4158, jcolangelo@cclgroup.com

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Connor, Clark & Lunn Capital Markets Inc.

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CC&L CONSERVATIVE INCOME FUND

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