Connor, Clark & Lunn Financial Opportunities Fund
On October 4, 2011, CC&L Global Financials Fund II merged with Focused Global Trends Fund with Focused Global Trends Fund as the continuing fund which was renamed Connor, Clark & Lunn Financial Opportunities (the “Fund”). The investment objectives of the Fund are to to achieve long-term capital growth principally through investment in equities of financial sector companies on an international basis and to provide holders of units with cash distributions initially targeted to be $0.33 per unit of the merged fund (representing a yield of approximately 7.6% per annum).
Connor, Clark & Lunn Financial Opportunities (the “Fund”) has been designed to take advantage of the expertise of Jupiter Asset Management Limited (“Jupiter”) and its portfolio manager, Mr. Guy de Blonay (Mr. de Blonay).
CC&L Financial Opportunities Fund Performance Update — First Quarter 2013
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