Acker Finley Asset Management Inc. Announces Wind-Up of Acker Finley Canada Focus Fund

TORONTO, ONTARIO--(Marketwire - Sept. 22, 2011) - Acker Finley Asset Management Inc. ("AFAM"), the trustee and manager of Acker Finley Canada Focus Fund (the "Fund"), announces that, effective September 23, 2011, the Fund will cease offering its units for sale and will be closed to new purchases, including transfers and switches. The Fund will also cease publishing prices of its units. This decision has been taken due to the dwindling size of the Fund and the fact that the fixed costs of the Fund are being shared by a relatively small number of unitholders. Furthermore, all unitholders (except for one unitholder who is the principal of AFAM) who have not redeemed their units prior to November 21, 2011, will have their units automatically redeemed on November 21, 2011 at their Net Asset Value at the close of business of November 18, 2011 and receive the cash proceeds therefor.

Following the date hereof, assets of the Fund will be invested in a combination of cash and the iShares S&P/TSX 60 Index Fund in order to achieve the benefits of adequate diversification on a cost-effective basis while still conforming generally to the Fund's principal investment objective.

Unitholders are encouraged to contact their financial advisers or mutual fund dealers to discuss alternative investment options. To help facilitate this transition, AFAM is waiving any deferred sales charge or other redemption charge.