NexGen Financial Launches Global Value Funds

    TORONTO, April 2 /CNW/ - NexGen Financial Limited Partnership announced
today the launch of the NexGen Global Value Registered Fund and NexGen Global
Value Tax Managed Fund (the "Funds"). The Funds will offer both registered and
taxable investors access to what NexGen believes to be a portfolio of
attractively priced securities from equity markets throughout the world.
    The Funds will be managed by Jonathan Baird, CFA. Mr. Baird has over 20
years experience as a money manager, primarily managing mutual funds. He
possesses a strong value record of performance investing in both North
American and International markets. Mr. Baird's responsibilities include the
management of the Funds as well as oversight of the investment activities of
the NexGen Infrastructure Limited Partnership.
    "NexGen Global Value Funds provide investors with access to a very
experienced value manager with a strong record of past performance," said Jim
Hunter, CEO, NexGen Financial. "The combination of Jonathan's investment
expertise and research capabilities, and NexGen's Tax Managed fund structure,
will offer investors a tax efficient and flexible global investment product.
It's a matter of first, generating a competitive return; and then, managing
investors' exposure to taxes, if any, on that return. At NexGen, that's
exactly what we are endeavouring to provide to investors and their advisors."
    The Funds will be available for purchase in Alberta, British Columbia,
Ontario and Quebec as of April 2nd, 2007. The Funds may be suitable for
investors with a medium to high tolerance for risk who seek long-term capital
growth. Interested investors should contact their financial advisor for more

    NexGen Financial Limited Partnership

    NexGen was founded by individuals with long histories in the fund
industry in Canada. Three members of NexGen's executive team helped lead one
of Canada's largest public fund companies for over a decade prior to forming
NexGen. NexGen seeks to assemble top quality investment management and to
offer investors tax efficient solutions to their investment needs. NexGen acts
as the manager and sponsor of the NexGen Funds, a group of 28 open-end mutual
funds, and a closed end mutual fund corporation listed on the Toronto Stock
    Commissions, trailing commissions, management fees and expenses all may
be associated with mutual fund investments. Please read the prospectus before
investing. Mutual funds are not guaranteed, their value changes frequently and
past performance may not be repeated.

For further information:

For further information: Jim Hunter, Chief Executive Officer, (416)
775-3701,; Laurie Munro, President, (416) 775-3705,; NexGen Financial Limited Partnership, 36 Toronto
Street, Suite 1070, Toronto, ON M5C 2C5, Ph: (866) 378-7119, Fax: (866)
378-7121, Ph: (416) 775-3727, Fax: (416) 775-3737,

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NexGen Financial Limited Partnership

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