TORONTO, Jan. 12 /CNW/ - Connor, Clark & Lunn Managed Portfolios Inc.
(CC&L Managed Portfolios) is excited to announce the availability of the CC&L
Money Market Fund, a premium money market option that launched January 1,
"We listened to advisors," said Nick Mancini, President and CEO of CC&L
Managed Portfolios. "Advisors wanted an option for their most conservative
clients, and our new money market liquidity account provides them with exactly
what they asked. We are delighted to offer retail investors this quality of
investment management at institutional prices."
A premium money market fund, management fees and operating expenses are
capped at 0.30% for Series A units, making this among the lowest cost money
market options in the industry.
The fund will provide individual investors with the opportunity to have
their money market assets managed by Montreal-based Baker Gilmore & Associates
Inc. (Baker Gilmore) - one of the Connor, Clark & Lunn Financial Group
affiliate investment managers. Baker Gilmore specializes in fixed income
investments and currently manages assets of over $4 billion.
About Connor, Clark & Lunn Managed Portfolios Inc.
CC&L Managed Portfolios Inc. offers a suite of broadly diversified
investment portfolios to clients with minimum investable assets of $100,000
through a select group of financial advisors. As part of the Connor, Clark &
Lunn Financial Group they are able to provide the expertise of institutional
investment managers to meet the needs of individual investors.
About Baker Gilmore & Associates Inc.
Baker Gilmore & Associates Inc. (Baker Gilmore) is one of Canada's
largest specialty fixed income managers with approximately $4.5 billion in
assets under management. Founded in 1988, the Montreal-based firm has
established a long track record of adding value across a wide range of
mandates for a variety of clients, including pension funds, insurance
companies, corporations and non-profit institutions.
About Connor, Clark & Lunn Financial Group
Connor, Clark & Lunn Financial Group is a multi-boutique asset management
firm responsible for the investment of over $34 billion in financial assets
through its investment managers on behalf of institutional, private and retail
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 to pension funds, capital accumulation plans, foundations and
endowments, mutual funds and individual investors. The firm has offices in
Toronto, Vancouver, Edmonton, Calgary, Regina, Ottawa and Montreal.
For further information:
For further information: please visit www.cclmanagedportfolios.com or
contact: Craig Swistun, Vice President, Marketing & Development, Connor, Clark
& Lunn Managed Portfolios Inc., (416) 214-2026, email@example.com