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



    TORONTO, Jan. 21 /CNW/ - Connor, Clark & Lunn Capital Markets Inc. today
declared January 2009 cash distributions for the following funds:

    
    -------------------------------------------------------------------------
                                  Distribution
                       Trading       Amount        Record          Payable
          Fund          Symbol     (per unit)       Date             Date
    -------------------------------------------------------------------------
    CC&L Conservative
    Income Fund         CCQ.UN       $0.0583    Jan. 30, 2009   Feb. 16, 2009
    -------------------------------------------------------------------------
    CC&L Conservative
    Income Fund II(*)   CCK.UN       $0.0542    Jan. 30, 2009   Feb. 16, 2009
    -------------------------------------------------------------------------
    CC&L Real Return
    Income Fund(*)      RRB.UN      $0.03125    Jan. 30, 2009   Feb. 16, 2009
    -------------------------------------------------------------------------
    CC&L Global
    Financials Fund
    II (Common Units
    and Class F Units)  GFT.UN       $0.0375    Jan. 30, 2009   Feb. 16, 2009
    -------------------------------------------------------------------------
    Focused Global
    Trends Fund
    (Class A Units
    and Class F Units)  FTF.UN      $0.04167    Jan. 30, 2009   Feb. 16, 2009
    -------------------------------------------------------------------------


    -------------------------------------------------------------------------
                                                    TSX Trading
                                   Distribution      Price Per
                       Trading        Amount         Unit as of     Current
          Fund          Symbol      Annualized     Jan. 20, 2009     Yield
    -------------------------------------------------------------------------
    CC&L Conservative
    Income Fund         CCQ.UN        $0.70             $6.30        11.1%
    -------------------------------------------------------------------------
    CC&L Conservative
    Income Fund II(*)   CCK.UN        $0.65             $5.94        10.9%
    -------------------------------------------------------------------------
    CC&L Real Return
    Income Fund(*)      RRB.UN       $0.375             $7.00         5.4%
    -------------------------------------------------------------------------
    CC&L Global
    Financials Fund
    II (Common Units
    and Class F Units)  GFT.UN        $0.45             $4.02        11.2%
    -------------------------------------------------------------------------
    Focused Global
    Trends Fund
    (Class A Units
    and Class F Units)  FTF.UN        $0.50             $3.86        13.0%
    -------------------------------------------------------------------------
    (*)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, raising more than $1.3
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 $30 billion in financial assets.





For further information:

For further information: please visit www.cclcapitalmarkets.com or
contact: Darren Cabral, Vice-President, Connor, Clark & Lunn Capital Markets
Inc., (416) 214-6182, Toll Free: 1-888-276-2258, dcabral@cclgroup.com

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