CGF Group of Funds announces change in portfolio advisor

TORONTO , Oct. 16 /CNW/ - The CGF Group of Funds announced today that, further to the earlier resignation of Shaunessy Investment Counsel Inc. that was effective November 18, 2009 , Shaunessy Investment Counsel Inc. has now agreed to continue to act as portfolio advisor in respect of CGF Income & Equity Class, CGF Canadian Heavyweight Equity Class, CGF US Heavyweight Equity Class, CGF International Heavyweight Equity Class and CGF Global Heavyweight Equity Class, each a class of CGF Mutual Funds Corporation, until December 18, 2009 . Effective December 18, 2009 , the portfolio advisor for these funds will be Crown Hill Asset Management Inc.

For further information: contact Citadel Group of Funds at [phone] or at 1-877-261-9674 or visit our website at www.citadelfunds.com