TORONTO, March 21, 2012 /CNW/ - Connor, Clark & Lunn Capital Markets Inc. today declared the initial distribution for Low Volatility Canadian Equities Income Fund for the period from inception on February 7, 2012 to March 31, 2012. The distribution amount is $0.0871 per Unit. The initial distribution amount represents an annualized current yield of 5.0% based on the initial offering price of $10.00 per Unit.
| TSX Trading
Price Per Unit
Mar. 20, 2011
| Low Volatility Canadian
Equities Income Fund
|LOW.UN||$0.0871||Mar. 30, 2012||Apr. 16, 2012||$0.60||$10.00||6.0%|
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 nineteen investment vehicles, raising more than $2 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 approximately $38 billion in financial assets.
For further information:
please visit www.cclcapitalmarkets.com or contact:
Vice President & CFO
Connor, Clark & Lunn Capital Markets Inc.
Toll Free: 1-888-276-2258