Saxon plans expansion of small cap fund line-up



    Proposed offering includes Advisor Series

    TORONTO, Nov. 1 /CNW/ - Saxon Financial Inc. (TSX: SFI) announced that a
preliminary simplified prospectus for three new funds has been filed with all
of the securities regulators across Canada: Saxon Microcap Fund, Saxon U.S.
Small Cap Fund, and Saxon Global Small Cap Fund. Saxon plans to make the funds
available in Advisor Series, Investor Series, B-Series (institutional), and
F-Series. The funds will be managed according to the same value investment
style has been applied in the 22-year Saxon Small Cap fund.
    The funds aim to achieve significant long-term growth by investing
primarily in well-diversified portfolios of companies with below-average
market capitalization. Each fund is expected to be a fully qualified
investment for registered plans.
    Additional information about each fund is available in the simplified
prospectus which is available at the Canadian Securities Administrators System
for Electronic Document Analysis and Retrieval (SEDAR) web site:
www.sedar.com.

    About Saxon Financial Inc. (www.saxonfinancial.ca)

    Saxon Financial Inc. is one of Canada's most respected value-style
investment management firms. The Company has three principal lines of
business: Saxon Funds Management Limited, which manages a family of
high-performing mutual funds; Howson Tattersall Investment Counsel Limited, an
institutional asset management business; and Howson Tattersall Private Asset
Management Inc., a private-client asset management business.





For further information:

For further information: Mary Savona, Vice President, Marketing, Saxon
Funds Management Limited, Phone: (416) 227-4180, E-mail:
mary.savona@saxonfinancial.ca, Website: www.saxonfunds.com; Jason Graham or
Daniel Tisch (media only), Argyle Communications, (416) 968-7311, ext. 229 or
223, jgraham@argylecommunications.com, dtisch@argylecommunications.com

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SAXON FINANCIAL INC.

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