TORONTO, Jan. 22, 2013 /CNW/ - Connor, Clark & Lunn Capital Markets Inc.
today declared the initial distribution for U.S. Agency Mortgage-Backed
REIT Advantaged Fund for the period from inception on October 23, 2012
to January 31, 2013. The distribution amount is $0.2178 per Unit. The
initial distribution amount represents an annualized current yield of
8.0% based on the initial offering price of $10.00 per Unit.
Distribution Amount (per Unit)
Distribution Amount Annualized
TSX Trading Price Per Unit as of Jan. 21, 2013
U.S. Agency Mortgage-Backed REIT Advantaged Fund (Class A Units and
Class F Units)*
Jan. 31, 2013
Feb. 15, 2013
*Distributions are expected to be characterized as 100% return of
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 several investment
vehicles, raising approximately $2.2 billion in assets since 2004.
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 over $44 billion in assets under management.
SOURCE: Connor, Clark & Lunn Capital Markets Inc.
For further information:
For more information, please visit www.cclcapitalmarkets.com or contact:
Vice President & CFO
Connor, Clark & Lunn Capital Markets Inc.
Toll Free: 1-888-276-2258