Connor, Clark & Lunn Capital Markets Inc. Declares Initial Distribution for
Build America Investment Grade Bond Fund

TORONTO, March 22 /CNW/ - Connor, Clark & Lunn Capital Markets Inc. today declared the first distribution for Build America Investment Grade Bond Fund for the period from inception on February 18, 2010 to March 31, 2010. The distribution amount reflects the regular monthly distribution payment for March of $0.1198 per Unit and a payment of $0.04706 per Unit for the stub period from inception to February 28, 2010 for a total distribution of $0.16686.

    
    -------------------------------------------------------------------------
                                                                TSX
                                                              Trading
                                                               Price
                                                      Distri-   Per
                           Distri-                     bution  Unit as
                            bution                     Amount  of Mar.
                   Trading  Amount   Record   Payable  Annua-   19,   Current
        Fund       Symbol (per Unit)  Date     Date    lized   2010     Yield
    -------------------------------------------------------------------------
    Build America
    Investment
    Grade Bond
    Fund (Class A
    Units and                        Mar. 31, Apr. 15,
    Class F Units) BAB.UN  $0.16686   2010     2010    $1.44   $24.90   5.75%
    -------------------------------------------------------------------------
    

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 fourteen investment vehicles, raising more than $1.5 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 over $35 billion in financial assets.

SOURCE Connor, Clark & Lunn Capital Markets Inc.

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

Organization Profile

Connor, Clark & Lunn Capital Markets Inc.

More on this organization

Build America Investment Grade Bond Fund

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890