Connor, Clark & Lunn Capital Markets Inc. Declares Distributions for Funds

TORONTO, May 19 /CNW/ - Connor, Clark & Lunn Capital Markets Inc. today declared May 2010 cash distributions for the following funds:

    
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                                                                 TSX
                                                               Trading
                                                                Price
                                                        Distri-  Per
                              Distri-                   bution Unit as
                              bution                    Amount  of May
                     Trading  Amount   Record  Payable   Annua-   18, Current
    Fund              Symbol (per Unit)  Date     Date   lized   2010  Yield
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    CC&L Conservative CCQ.UN  $0.0583  May 31, Jun. 15,  $0.70  $8.45    8.3%
     Income Fund                         2010     2010
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    CC&L Conservative
     Income Fund      CCK.UN  $0.0542  May 31, Jun. 15,  $0.65  $8.42    7.7%
     II*                               2010     2010
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    CC&L Real Return
     Income Fund*   RRB.UN $0.02083  May 31, Jun. 15,  $0.25  $7.61    3.3%
                                         2010     2010
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    CC&L Global
     Financials Fund
     II (Common Units
     and Class F      GFT.UN  $0.0375  May 31, Jun. 15,  $0.45  $5.23    8.6%
     Units)                              2010     2010
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    Focused Global
     Trends Fund
     (Class A Units
     and Class F      FTF.UN $0.02778  May 31, Jun. 15,  $0.33  $4.92    6.7%
     Units)                              2010     2010
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    Build America
     Investment
     Grade Bond Fund
     (Class A Units
     and Class F      BAB.UN  $0.1198  May 31, Jun. 15,  $1.44 $24.05    6.0%
     Units)                              2010     2010
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    *Distributions are expected to be characterized as 100% return of
    capital.
    

Connor, Clark & Lunn Capital Markets Inc. (CC&L Capital Markets) is a leading Canadian structured financial products investment firm that is focused on creating and managing high quality investment vehicles that will stand the test of time and ultimately allow our clients to achieve their personal financial goals. Formed in 2001, CC&L Capital Markets has designed, launched and currently manages fourteen investment vehicles, raising more than $1.7 billion in assets.

CC&L Capital Markets is part of the Connor, Clark & Lunn Financial Group. Connor, Clark & Lunn Financial Group provides investment management services to individuals, advisors, pension plans, institutional investors and foundations. The investment platform offers a broad range of traditional and alternative investment management services, including domestic and international equities and fixed income, hedge funds, private equity and infrastructure.

As Canada's only multi-boutique asset management firm, Connor, Clark & Lunn Financial Group is uniquely focused on creating the conditions for success for its clients, partners and employees. The firm has offices in Vancouver, Edmonton, Calgary, Regina, Toronto, Ottawa and Montreal and through its affiliated investment managers is responsible for the investment of approximately $35.5 billion in financial assets.

For further information: please visit www.cclcapitalmarkets.com or contact: Darren Cabral, Vice-President, Connor, Clark & Lunn Capital Markets Inc., [phone], Toll Free: 1-888-276-2258, [email protected]