Connor, Clark & Lunn Capital Markets Inc. Declares Initial Distribution for
Build America Investment Grade Bond Fund
TORONTO, March 22 /CNW/ - Connor, Clark & Lunn Capital Markets Inc. today declared the first distribution for Build America Investment Grade Bond Fund for the period from inception on February 18, 2010 to March 31, 2010. The distribution amount reflects the regular monthly distribution payment for March of $0.1198 per Unit and a payment of $0.04706 per Unit for the stub period from inception to February 28, 2010 for a total distribution of $0.16686.
------------------------------------------------------------------------- TSX Trading Price Distri- Per Distri- bution Unit as bution Amount of Mar. Trading Amount Record Payable Annua- 19, Current Fund Symbol (per Unit) Date Date lized 2010 Yield ------------------------------------------------------------------------- Build America Investment Grade Bond Fund (Class A Units and Mar. 31, Apr. 15, Class F Units) BAB.UN $0.16686 2010 2010 $1.44 $24.90 5.75% -------------------------------------------------------------------------
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 $1.5 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 over $35 billion in financial assets.
For further information: please visit www.cclcapitalmarkets.com or contact: Darren Cabral, Vice-President, Connor, Clark & Lunn Capital Markets Inc., (416) 214-6182, Toll Free: 1-888-276-2258, [email protected]
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