Connor, Clark & Lunn Funds Inc. Announces Termination of CC&L Market Neutral Fund
TORONTO, Oct. 23, 2025 /CNW/ - Connor, Clark & Lunn Funds Inc. (the "Manager") today announced its intention to terminate the CC&L Market Neutral Fund (the "Fund"). The termination is scheduled to take effect on or about December 10, 2025.
The decision to terminate the Fund was made after careful consideration of various factors and is part of the Manager's ongoing effort to ensure its product lineup remains aligned with investor preferences and needs and meets long-term goals.
Effective October 23, 2025, units of the Fund will no longer be available for purchase. Existing unitholders may redeem or switch their units of the Fund for settlement on or prior to the close of business on December 9, 2025. After that time, any remaining unitholders will have their units automatically redeemed at the net asset value per unit as of the termination date.
A notice with further information regarding the termination of the Fund will be sent to unitholders of the Fund. Unitholders are encouraged to speak with their Financial Advisors to discuss the termination and their investment options.
About Connor, Clark & Lunn Funds Inc.
Connor, Clark & Lunn Funds Inc. partners with leading Canadian financial institutions and their investment advisors to deliver unique institutional investment strategies to individual investors through a select offering of funds, alternative investments and separately managed accounts.
By limiting the offering to a focused group of investment solutions, CC&L Funds is able to deliver unique and differentiated strategies designed to enhance traditional investor portfolios. For more information, please visit www.cclfundsinc.com.
Caution Concerning Forward-Looking Information
Certain statements in this press release may contain forward-looking statements or forward-looking information that are predictive in nature and may include words such as "expects", "anticipates", "intends", "plans", believes", "estimates", and similar forward-looking expressions or negative versions thereof. All information other than statements of historical fact may be forward-looking information. All forward-looking information in this press release is qualified by these cautionary statements. Forward-looking information in this press release includes, but is not limited to, statements with respect to management's beliefs, plans, estimates, and intentions, and similar statements concerning anticipated future events, results, circumstances, or expectations, including, but not limited to, the proposed termination of the Fund and the anticipated process for such termination. Such forward-looking information reflects management's beliefs and is based on information currently available. Such forward-looking statements are based on current expectations and projections about future general economic, political, and other relevant market factors, and assumes there will be no changes to applicable tax or other laws or regulations. Although the Manager believes that the expectations reflected in such forward-looking information are reasonable, expectations and projections about future events are inherently subject to, among other things, risks and uncertainties, some of which may be unforeseeable and, accordingly, may prove to be incorrect at a future date. Forward-looking statements are not guarantees of future performance, and actual events could differ materially from those expressed or implied in any forward-looking statements. A number of important factors can contribute to these differences, including, but not limited to, general economic, political, and market factors in Canada and internationally, global equity and capital markets, business competition, and catastrophic events. You should avoid placing any undue reliance on forward-looking statements. The forward-looking information contained in this press release is presented as of the preparation date of this press release and should not be relied upon as representing the Manager's views as of any date subsequent to the date of this press release. The Manager disclaims any and all responsibility to update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as specifically required by law.
This communication is intended for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to purchase any funds and/or investment products managed or advised by the Manager or any of its affiliates, and is not, and should not be construed as, investment, tax, legal, or accounting advice, and should not be relied upon in that regard. Commissions, fees, and expenses all may be associated with investments in funds and/or other investment products managed or advised by the Manager or any of its affiliates. Please read a fund's offering memorandum or prospectus, as applicable, which contains detailed information, and speak to an advisor before investing. Funds are not guaranteed, their values change frequently, and investors may experience a gain or loss. Past performance may not be repeated.
SOURCE Connor, Clark & Lunn Funds Inc.