Clarington Funds Selected Top Fund Company By Analysts

TORONTO, ON, Dec.13, 2001 - ClaringtonFunds is pleased to announce it is the recipient of the prestigious Analysts' Choice Mutual Fund Company of the Year Award, presented at the 2001 Canadian Mutual Fund Awards Gala.

The award recognizes the company that has demonstrated the most successful combination of fund performance, management, customer service, communication, and investment strategy. The winner is determined by a network of financial analysts.

"We are pleased to be recognized by the analyst community for our hard work across all fronts on behalf of investors," says Terry Stone, president and founder of Clarington Funds. "We must thank many constituents, including our hard working team, the investors that entrust their money to us, and to the financial advisors who give excellent financial guidance to millions of Canadians."

The winner is selected through a process whereby a list of eligible Canadian fund companies is prepared in advance of the voting by Morningstar Canada, and distributed to a panel of 15 mutual fund analysts at various banks, brokerage houses and research firms.

The annual Canadian Mutual Fund Awards Gala celebrates the leading investment funds, portfolio managers, and fund companies, as well as outstanding fund industry initiatives in marketing, service, education and technology.
ClaringtonFunds, founded in 1996, has $2.5 billion in assets in 35 funds, with offices in Vancouver, Calgary, Toronto and Montreal.