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

TORONTO, Oct. 20 /CNW/ - Connor, Clark & Lunn Capital Markets Inc. today declared October 2010 cash distributions for the following funds:

Fund	Trading Symbol	Distribution Amount (per Unit)	Record Date	Payable Date	Distribution Amount Annualized	TSX Trading Price Per Unit as of Oct. 19, 2010	Current Yield
CC&L Conservative Income Fund	CCQ.UN	$0.0583	Oct. 29, 2010	Nov. 15, 2010	$0.70	$9.75	7.2%
CC&L Conservative Income & Growth Fund*	CCP.UN	$0.1161	Oct. 29, 2010	Nov. 15, 2010	$1.39	$23.82	5.8%
CC&L Real Return Income Fund*	RRB.UN	$0.02083	Oct. 29, 2010	Nov. 15, 2010	$0.25	$7.30	3.4%
CC&L Global Financials Fund II (Common Units and Class F Units)	GFT.UN	$0.0375	Oct. 29, 2010	Nov. 15, 2010	$0.45	$5.39	8.3%
Focused Global Trends Fund (Class A Units and Class F Units)	FTF.UN	$0.02778	Oct. 29, 2010	Nov. 15, 2010	$0.33	$5.06	6.5%
Build America Investment Grade Bond Fund  (Class A Units and Class F Units)*	BAB.UN	0.1198	Oct. 29, 2010	Nov. 15, 2010	$1.44	$21.70	6.6%

*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 $37 billion in financial assets.

For further information:

please visit www.cclcapitalmarkets.comor contact:

Darren Cabral
Vice-President
Connor, Clark & Lunn Capital Markets Inc.
416-214-6182
Toll Free: 1-888-276-2258
[email protected]