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Connor, Clark & Lunn Funds Inc. (CC&L Funds) is excited to announce two absolute-return oriented portfolios in liquid alternative fund form, CC&L Global Market Neutral II Fund and CC&L Global Long Short Fund (the Funds).

CC&L Global Market Neutral II Fund seeks to earn a positive and attractive risk-adjusted return over the long term while demonstrating low correlation with, and lower volatility than, traditional equity markets. Risk rating: Low to Medium.

CC&L Global Long Short Fund seeks to provide long-term capital appreciation and attractive risk-adjusted returns by actively investing in a portfolio of long and short securities. Risk rating: Medium.

To manage the Funds, CC&L Funds has retained Vancouver-based Connor, Clark & Lunn Investment Management Ltd. (CC&L Investment Management), one of Canada’s largest privately-owned asset management firms, with close to 20 years of experience in managing alternative investment strategies for institutional investors.

“We have been told by our client base that they want access to institutional-caliber alternative investments, managed by a team with a demonstrated track record of success, in the convenience of a liquid alternative fund. By introducing these two new portfolios, we are meeting those objectives and providing investment advisors and their clients with two attractive risk & return profiles to choose from,” said Tim Elliott, President and CEO of CC&L Funds.

“We are excited that these alternative investment solutions are being made available to a broader group of individual Canadian investors. As we have transitioned into an environment with structurally higher interest rates and inflation, we expect market cycles to be shorter, volatility to be higher, and returns from conventional risk assets to be lower. In such an environment, we believe it will become more important for investors to incorporate sources of return that are independent of stock and bond markets to enhance portfolio outcomes,” said Martin Gerber, President and Chief Investment Officer at CC&L Investment Management.

Both CC&L Funds and CC&L Investment Management are affiliates of Connor, Clark and Lunn Financial Group (CC&L), whose multi-affiliate structure brings together the talents of diverse investment teams that offer a broad range of traditional and alternative investment solutions. CC&L is one of Canada’s largest independently owned asset managers, responsible for over $104 billion in assets on behalf of institutional and individual investors.

About the funds

Available in A and F Series, the Funds conform with the regulatory framework related to alternative mutual funds offered by Simplified Prospectus. The Funds are offered through licensed investment dealers, priced daily, with daily liquidity, and available through FundServ.

About Connor, Clark & Lunn Funds Inc.

Connor, Clark & Lunn Funds Inc. (CC&L Funds) partners with leading Canadian financial institutions and their investment advisors to deliver unique institutional investment strategies to individual investors through a select offering of funds, alternative investments and separately managed accounts.

By limiting the offering to a focused group of investment solutions, CC&L Funds is able to deliver unique and differentiated strategies designed to enhance traditional investor portfolios. For more information, please visit cclfundsinc.com.

About Connor, Clark & Lunn Investment Management Ltd.

Connor, Clark & Lunn Investment Management Ltd. (CC&L Investment Management) is one of the largest independent partner-owned investment management firms in Canada with $54.2 billion in assets under management. Founded in 1982, CC&L Investment Management offers a diverse array of investment services including equity, fixed income, balanced and alternative solutions including portable alpha, market neutral and absolute return strategies.

CC&L Investment Management is a part of Connor, Clark & Lunn Financial Group Ltd. (CC&L Financial Group), a multi-boutique asset management company whose affiliates collectively manage approximately $104 billion in financial assets. For more information, please visit cclinvest.cclgroup.com.

About Connor, Clark & Lunn Financial Group Ltd.

Connor, Clark & Lunn Financial Group Ltd. (CC&L Financial Group) is an independently owned, multi-affiliate asset management firm that provides a broad range of traditional and alternative investment management solutions to institutional and individual investors. CC&L Financial Group brings significant scale and expertise to the delivery of non-investment management functions through the centralization of all operational and distribution functions, allowing talented investment managers to focus on what they do best. CC&L Financial Group’s affiliates manage over $104 billion in assets. For more information, please visit cclgroup.com.

Contact

Lisa Wilson
Manager, Product & Client Service
Connor, Clark & Lunn Funds Inc.
416-864-3120
[email protected]

Downtown skyline of Toronto Canada at twilight.

Connor, Clark & Lunn Funds Inc., the manager of PCJ Absolute Return II Fund (the “Fund”) is pleased to announce a change to the liquidity terms of the Fund.

Effective immediately, Fund purchase, sale and switch orders will move from weekly at 4 pm Eastern Time on Fridays, to daily at 3 pm Eastern Time on each Business Day or before the TSX closes for the day, whichever is earlier, and all orders will be processed based on the net asset value calculated that day. Orders received after 3 pm Eastern Time will be processed on the next Business Day based on that day’s net asset value.

About Connor, Clark & Lunn Funds Inc.

Connor, Clark & Lunn Funds Inc. (CC&L Funds) partners with leading Canadian financial institutions and their investment advisors to deliver unique institutional investment strategies to individual investors through a select offering of funds, alternative investments and separately managed accounts.

By limiting the offering to a focused group of investment solutions, CC&L Funds is able to deliver unique and differentiated strategies designed to enhance traditional investor portfolios. For more information, please visit cclfundsinc.com.

Forward-Looking Information

This news release may contain forward-looking information (within the meaning of applicable securities laws) relating to the business and operations of the Manager and the Fund (“forward-looking statements”). Forward-looking statements may be identified by words such as “believe”, “anticipate”, “project”, “expect”, “intend”, “plan”, “will”, “may”, “estimate” and other similar expressions. The forward-looking statements in this news release are based on certain assumptions; they are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including, but not limited to, the factors discussed under the heading “What is a Mutual Fund and What Are the Risks of Investing in a Mutual Fund?” in the simplified prospectus available on the SEDAR profile of the Fund at www.sedar.com. There can be no assurance that forward-looking statements will prove to be accurate as actual outcomes and results may differ materially from those expressed in these forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the Manager and the Fund assume no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Contact

Lisa Wilson
Manager, Product & Client Service
Connor, Clark & Lunn Funds Inc.
416-864-3120
[email protected]

Connor, Clark & Lunn Funds Inc. (CC&L Funds) is excited to announce the recent launch of a prospectus qualified version of the NS Partners International Equity Focus portfolio, which is now available to individual Canadian investors. The NS Partners International Equity Focus Fund is based on a similar portfolio, previously available only to institutional and internal investors.

The Fund seeks to provide investors with long term capital appreciation by investing in a portfolio comprised primarily of non-North American equities, including up to 20% in emerging markets.

To manage the fund, CC&L Funds has retained NS Partners Ltd (NS Partners) a London, UK-based manager with over 30 years of experience in managing international equity portfolios, including developed and emerging markets. NS Partners combines a bottom-up quality/growth framework to analyze companies with a unique top-down global liquidity analysis to help identify regions, countries and sectors that are expected to out and underperform, as well as whether to position the portfolio for a ‘risk-seeking’ or ‘risk averse’ environment.

“For investors allocated to large-cap global equity portfolios, there is a compelling case to make a stand-alone allocation to international equities, given the valuation and concentration issues in the large-cap U.S. equity market, and the headwind of a strong U.S. dollar. By introducing our NS Partners International Equity Focus portfolio in fund format, we can offer a compelling solution for individual investors, managed by a proven, institutional caliber investment team with a differentiated approach” said Tim Elliott, President and CEO of CC&L Funds.

“We’re excited that our International Equity Focus portfolio is being made accessible to a broader group of Canadian investors. With our proven process, a strong record on the institutional side and our talented and committed investment team, we believe this portfolio will provide an attractive solution for those seeking long-term growth from international equity markets.” said Tim Bray, President and Chief Investment Officer at NS Partners.

Both CC&L Funds and NS Partners are affiliates of Connor, Clark and Lunn Financial Group (“CC&L”), whose multi-affiliate structure brings together the talents of diverse investment teams who offer a broad range of traditional and alternative investment solutions. CC&L is one of Canada’s largest independently owned asset managers, responsible for over $104 billion in assets on behalf of institutional and individual investors.

About the fund

Available in A and F Series, the fund conforms with the regulatory framework related to conventional mutual funds offered by Simplified Prospects. The fund will be offered through licensed investment dealers, priced daily, with daily liquidity, and available through FundServ.

About Connor, Clark & Lunn Funds Inc.

Connor, Clark & Lunn Funds Inc. (CC&L Funds) partners with leading Canadian financial institutions and their investment advisors to deliver unique institutional investment strategies to individual investors through a select offering of funds, alternative investments and separately managed accounts.

By limiting the offering to a focused group of investment solutions, CC&L Funds is able to deliver unique and differentiated strategies designed to enhance traditional investor portfolios. For more information, please visit www.cclfundsinc.com.

About NS Partners Ltd

NS Partners Ltd is an independent investment management firm specializing in actively managed global equity portfolios on behalf of major companies, pension funds, foundations, endowments and sovereign wealth funds. NS Partners Ltd is part of the Connor, Clark & Lunn Financial Group, a multi-boutique asset management firm. For more information, please visit www.ns-partners.co.uk.

About Connor, Clark & Lunn Financial Group Ltd.

Connor, Clark & Lunn Financial Group Ltd. (CC&L Financial Group) is an independently owned, multi-affiliate asset management firm that provides a broad range of traditional and alternative investment management solutions to institutional and individual investors. CC&L Financial Group brings significant scale and expertise to the delivery of non-investment management functions through the centralization of all operational and distribution functions, allowing talented investment managers to focus on what they do best. CC&L Financial Group’s affiliates manage over $104 billion in assets. For more information, please visit www.cclgroup.com.

Contact

Lisa Wilson
Manager, Product & Client Service
Connor, Clark & Lunn Funds Inc.
416-864-3120
[email protected]