Acuity 2007 Flow-Through Limited Partnership files final prospectus for an offering of up to $150 million

    TORONTO, Jan. 31 /CNW/ - Acuity Funds Ltd. is pleased to announce that it
has filed a final prospectus dated January 30, 2007 for the initial public
offering of up to a maximum of 6,000,000 units of Acuity 2007 Flow-Through
Limited Partnership (the "Partnership") at a price of $25.00 per unit. It is
anticipated that the initial offering will close on or about February 15,
    The Partnership is an Ontario limited partnership with an investment
objective to provide for a tax-assisted investment in a diversified portfolio
of flow-through shares of resource issuers with a view to earning income and
achieving capital appreciation for the limited partners of the Partnership.
    Acuity Investment Management Inc. ("Acuity") will provide investment
advisory and portfolio management services to the Partnership.
    Acuity was formed in 1990 and, as of January 30, 2007, had assets under
management of approximately $8.8 billion on behalf of mutual funds, pooled
funds, closed-end funds, high net worth individuals and institutional clients.
    A syndicate of agents is being co-led by CIBC World Markets Inc. and RBC
Capital Markets, and includes BMO Capital Markets, National Bank Financial
Inc., Scotia Capital Inc., TD Securities Inc., HSBC Securities (Canada) Inc.,
Canaccord Capital Corporation, Dundee Securities Corporation, Raymond James
Ltd., Berkshire Securities Inc., Blackmont Capital Inc., GMP Securities L.P.,
Desjardins Securities Inc., IPC Securities Inc. and Wellington West Capital
    A copy of the prospectus may be obtained from Acuity Funds Ltd. at,
65 Queen Street West, Suite 1800, Toronto, Ontario M5H 2M5.

    %SEDAR: 00022618E

For further information:

For further information: about the offering, please call Ian O.
Ihnatowycz, at Acuity Funds Ltd., at 1-800-461-4570

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