CC&L Global Financials Fund II

On October 4, 2011, Connor, Clark & Lunn Global Financials Fund II (GFT) was merged with Focused Global Trends FundFund (FTF) with FTF being the continuing fund. Subsequent to the merger FTF was renamed Connor, Clark & Lunn Financial Opportunities Fund.

Pursuant to the merger, each holder of Common Units of GFT automatically received 0.872876 Class A Units of FTF for each GFT Common Unit held, and each holder of Class F Units of GFT automatically received 0.871693 Class F Units of FTF for each GFT Class F Unit held.