Ethical Funds recognized for SRI industry leadership and impressive fund performance at 2007 Canadian Investment Awards

    VANCOUVER, Dec. 3 /CNW/ - Proving that socially responsible investing
(SRI) and performance go hand-in-hand, The Ethical Funds Company was honoured
with two major awards at the 2007 Canadian Investment Awards Gala in Toronto 
- the country's top awards that recognize leading investment products and
firms committed to excellence within the Canadian financial services industry.
    For the fourth year in a row, The Ethical Funds Company won the Socially
Responsible Investment Fund Award - again this year for its Ethical Special
Equity Fund, managed by QV Investors, Inc. The award was given for the fund's
impressive financial performance and industry leadership. The Ethical Special
Equity Fund was also recognized with the Canadian Small/Mid Cap Equity Fund
Award, alongside IA Clarington Investments.
    "It is always an honour to receive recognition from our industry peers
and these awards reinforce the fact that the performance of our
industry-leading socially responsible investment funds can compare well
against any funds in Canada," said Don Rolfe, President and CEO of The Ethical
Funds Company. "This recognition from the investment industry is also
reflective of the SRI industry's massive growth during the past 12 months,
proving that it has become a mainstream option for investors."
    The Ethical Funds Company has an impressive track record of success at
the Canadian Investment Awards, including winning the Imagine Canada Socially
Responsible Investment Fund Award in 2004, 2005, and 2006, for its Ethical
Canadian Dividend Fund and Ethical Special Equity Fund, respectively.

    The Canadian Investment Awards program represents the year-long work of
over 30 firms, 40 senior analysts and expert jury members researching and
ranking 50 categories, and attracts over 600 guests annually. The top
performers have become a valuable annual reference guide for Canadian
investors and advisors alike. For more information on the 2007 Canadian
Investment Awards, visit:

    About The Ethical Funds Company

    Launched in 1992, The Ethical Funds Company is Canada's leading manager
of socially responsible mutual funds. In addition to evaluating all
investments according to their financial, social and environmental performance
and outlook, The Ethical Funds Company promotes corporate accountability -
making good companies better - and gives investors a voice in encouraging
sustainable business practices.

    (R)Ethical, and (TM)The Ethical Funds Company are registered marks and
    trademarks owned by Ethical Funds Inc.

For further information:

For further information: Jane Mitchell, Public Relations, The Ethical
Funds Company, Tel: (604) 714-3843,

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