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Press release from CNW Group

Connor, Clark & Lunn Global Financials Fund II and Focused Global Trends Fund Complete Merger

Tuesday, October 04, 2011

Connor, Clark & Lunn Global Financials Fund II and Focused Global Trends Fund Complete Merger11:28 EDT Tuesday, October 04, 2011TORONTO, Oct. 4, 2011 /CNW/ - Connor, Clark & Lunn Capital Markets Inc. is pleased to announce the successful completion, effective October 3, 2011, of the previously announced merger of Connor, Clark & Lunn Global Financials Fund II ("GFT") and Focused Global Trends Fund ("FTF").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.FTF has been renamed Connor, Clark & Lunn Financial Opportunities Fund and the investment objectives and investment strategy of the fund have been amended in order to provide investors with an opportunity for capital appreciation by investing in an international portfolio of financial services companies actively managed by Guy de Blonay of Jupiter Asset Management Limited ("Jupiter") in its capacity as sub-advisor to the fund.Trading of GFT Common Units will be halted at the opening of trading on Wednesday October 5, 2011 and will be delisted at the close of business on that day.  Unitholders of GFT are not required to take any action in order to become unitholders of FTF.  In addition, Class A Units of FTF will cease trading under the symbol FTF.UN and will commence trading under the symbol GFO.UN on October 5, 2011.Class A Units of Focused Global Trends Fund and Common Units of Connor, Clark & Lunn Global Financials Fund II are listed on the Toronto Stock Exchange under the symbols FTF.UN and GFT.UN, respectively.For further information: For more information, please visit www.cclcapitalmarkets.com or contact: Neil Murdoch President & CEO Connor, Clark & Lunn Capital Markets Inc. (416) 364-2389 nmurdoch@cclgroup.com             Darren Cabral Vice President & CFO Connor, Clark & Lunn Capital Markets Inc. (416) 214-6182 or 1 (888) 276-2258 dcabral@cclgroup.com