CONNOR, CLARK & LUNN FUNDS INC. ANNOUNCES AMENDMENTS TO THE FUND FACTS DOCUMENTS
TORONTO, May 30, 2025 /CNW/ - Connor, Clark & Lunn Funds Inc. (the Manager), the manager of CC&L Diversified Income Fund, CC&L Absolute Return Bond Fund, CC&L Global Long Short Fund, CC&L Global Market Neutral II Fund, NS Partners International Equity Focus Fund and PCJ Absolute Return II Fund (collectively, the Funds and each, a Fund), announces that it will be amending the fund facts documents for each series of units of the Funds with each of the applicable securities regulatory authorities in Canada in order to correct an error relating to the management expense ratio (MER) of each Fund. The Manager has implemented enhanced policies and procedures to ensure the accuracy of all information provided to investors on a going-forward basis.
The fund facts documents dated March 31, 2025 of each Fund will be amended to correct the MER for each series of units listed below to correspond with the MER for the series as disclosed in the most recently filed management report of fund performance (MRFP) for each Fund:
The amended find facts documents are expected to be filed by May 30, 2025 and will be available to investors on www.sedarplus.ca and on the designated website of the Funds at www.cclfundsinc.com. As the corrected MER figures are, in some cases, higher than the MER listed in the March 31, 2025 fund facts documents, the Manager will waive any short-term trading fees for investors that have purchased one of the affected series of units in the Funds between March 31, 2025 and May 30, 2025 who wish to redeem such units.
Forward-Looking Information
This news release may contain forward-looking information (within the meaning of applicable securities laws) relating to the business and operations of the Manager and the Funds (forward-looking statements). Forward-looking statements may be identified by words such as "believe", "anticipate", "project", "expect", "intend", "plan", "will", "may", "estimate" and other similar expressions. These statements are based on the Manager's expectations, estimates, forecasts and projections and include, without limitation, statements regarding the timing and implementation of the implementation of the new investment objectives of each Fund and the corresponding name changes, changes in investment strategies, changes in the fee structures, the expected risk ratings of the Funds and the expected change in the performances of the Funds. The forward-looking statements in this news release are based on certain assumptions; they are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including, but not limited to, the factors discussed under the heading "WHAT IS A MUTUAL FUND AND WHAT ARE THE RISKS OF INVESTING IN A MUTUAL FUND?" in the simplified prospectus available on the SEDAR profile of each Fund at www.sedar.com. There can be no assurance that forward-looking statements will prove to be accurate as actual outcomes and results may differ materially from those expressed in these forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the Manager and the Funds assume no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
SOURCE Connor, Clark & Lunn Funds Inc.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Cision Canada
an hour ago
- Cision Canada
Statement by Prime Minister Carney on National Indigenous History Month Français
OTTAWA, ON, June 1, 2025 /CNW/ - "Indigenous Peoples have been stewards of Canada's lands and waters for time immemorial. National Indigenous History Month is a time to celebrate the histories, cultures, languages, knowledge, and traditions of First Nations, Inuit, and Métis Peoples. "Indigenous leadership and perspectives will be foundational to how this government delivers its mandate. We will address past harms, take a distinctions-based approach, and advance self-determination, while upholding Modern Treaties and self-government agreements. "Central to this commitment is the long-term wealth and prosperity of First Nations, Inuit, and Métis. To that end, we have doubled the Indigenous Loan Guarantee Program from $5 billion to $10 billion – and opened it to sectors outside of energy and natural resources to catalyze more Indigenous-led infrastructure, transportation, and trade projects across the country. "As Canada moves forward with nation-building projects, the government will be firmly guided by the principle of free, prior, and informed consent. "We will work in full partnership with Indigenous Peoples – advancing shared priorities from health care, food security, housing, and education to conservation, climate action, and emergency management. We move forward on the important work of the calls to action in the Truth and Reconciliation Commission's Final Report, the National Inquiry into Missing and Murdered Indigenous Women and Girls' Calls for Justice, and the implementation of the United Nations Declaration on the Rights of Indigenous Peoples Act."
Cision Canada
11 hours ago
- Cision Canada
MEG Energy Safely Evacuates Non-Essential Personnel from Christina Lake Regional Project Amid Wildfires
CALGARY, AB, May 31, 2025 /CNW/ - MEG Energy Corp. ("MEG" or the "Corporation") (TSX: MEG) provided an update today on operations at its Christina Lake Regional Project (CLRP) production facilities in response to regional wildfires south of CLRP. As a precautionary measure, MEG Energy has proactively evacuated all non-essential personnel, ensuring the safety of our team while maintaining critical operating staff on site. The wildfire caused an outage to third-party power line infrastructure connecting CLRP to Alberta's electric grid, prompting MEG to safely disconnect from the grid. View PDF MEG's cogeneration capabilities are enabling continued production at CLRP. However, the power outage is delaying startup of the company's Phase 2B operations, which represent approximately 70,000 barrels per day of production. When the fire situation developed, MEG was preparing to restart Phase 2B following the successful completion of the planned turnaround. We are working closely with the utility company and other stakeholders to restore grid connection and return to full capacity. "The safety of our people and protection of our assets remain our top priorities, and there is no immediate risk to either," said Darlene Gates, President and CEO. "We are working closely with authorities and coordinating with our industry peers to support each other and resume normal operations. I want to thank Alberta's emergency responders for their efforts in battling the fires and wish them continued safety." About MEG MEG is the leading pure-play in situ thermal oil producer in Canada. Our purpose is to meet the growing demand for energy, produced safely and reliably, while generating long-term value for all our stakeholders. MEG produces, transports and sells our oil (AWB) to customers throughout North America and internationally. Our common shares are listed on the Toronto Stock Exchange under the symbol "MEG" (TSX: MEG). For further information, please contact: Media Relations T 403.775.1131 E [email protected] SOURCE MEG Energy Corp.
Cision Canada
a day ago
- Cision Canada
New FCM report urges bold federal-municipal partnership to unlock Rural Canada's economic potential Français
OTTAWA, ON, May 31, 2025 /CNW/ - At a pivotal moment for Canada's economy and communities, the Federation of Canadian Municipalities (FCM) has released The Future of Rural Canada —a bold roadmap to unlock the full potential of rural communities as essential partners in national prosperity. As global uncertainty reshapes economic priorities, rural leaders are ready to drive solutions that diversify trade, strengthen local infrastructure, and build a more resilient, inclusive economy for all Canadians. Rural Canada is a cornerstone of national prosperity—rich in resources, innovation, and untapped potential. With modern infrastructure, reliable connectivity, and updated fiscal tools, rural communities are ready to drive growth in critical sectors and expand Canada's global trade footprint. But unlocking this potential requires a renewed, results-driven partnership across all orders of government—because when rural communities thrive, the entire country moves forward. "FCM is proud to present its vision of Canada's future, and how this can achieve safer and more resilient communities with all orders of government working hand in hand," said Neal Comeau, Chair of FCM's Rural Forum. "This report contains the missing key to unlock long-term prosperity, thanks to the work of dedicated municipal elected officials across the country." As the federal government begins a new mandate, the report highlights key challenges— such as public safety, aging infrastructure, and major gaps in digital connectivity—and offers practical solutions to help rural communities thrive. Key recommendations include: Expanding broadband and cellular service to meet the needs of the 21 st Century rural economy. Strengthening partnerships with rural municipalities is key to ensuring federal infrastructure programs reflect rural realities—unlocking economic potential and improving access to markets across the country. Elevating rural policing and reforming the bail system through intergovernmental collaboration is essential to ensuring safer, more resilient communities across Canada. Grow rural housing supply by empowering municipalities through a renewed federal-municipal partnership that aligns tools and infrastructure to deliver results. Advance climate resilience by partnering with rural municipalities to strengthen infrastructure, protect communities, and support long-term sustainability. Recognizing all communities, including rural and urban areas, as essential partners in delivering national priorities, alongside provincial and territorial governments. This is the first national rural report of its kind in seven years — grounded in the voices of rural leaders from coast to coast to coast. It calls on the federal government to work with rural municipalities through a National Prosperity Partnership to unlock rural economic potential, fully connect communities with reliable internet and cellular service, and ensure safety and strength in every corner of the country. As Canada modernizes how municipalities are funded, rural realities must be front and centre. A renewed fiscal framework must deliver equitable support for all communities—because rural Canada is not just part of the solution, it's essential to building a stronger, more resilient future for everyone. The Federation of Canadian Municipalities is the national voice of municipal governments, with more than 2,000 members representing more than 92 percent of the Canadian population. SOURCE Federation of Canadian Municipalities (FCM)
