Acuity


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Acuity Pooled U.S. Equity Fund (US$)

as at June 30, 2008

Investment Objective/Strategy

The Acuity Pooled U.S. Equity Fund (US$) invests primarily in equity securities of U.S. companies including income trusts, depository securities, preferred shares, warrants and securities convertible into equity or income securities.

Inception Date: December 31, 2005
Size (in millions): $1.5
RSP/RIF Eligibility: Yes
RESP Eligibility:  
Minimum Initial Investment: $150,000
Distributions: $0.01/unit/quarterly1
Performance: 1 Year: (1.5)%
  3 Years: N/A
  5 Years: N/A
  10 Years: N/A

1The Fund will pay distributions out of net income, if any, quarterly to all unitholders. The Fund will pay distribution of net realized capital gains annually in December.


Acuity Pooled U.S. Equity Fund (US$) Top Holdings

CVS Caremark Corp.
Apache Corp.
Thermo Fisher Scientific, Inc.
Transocean Inc.
Questar Corp.
Schlumberger Ltd.
Wabtec Corp.
Praxair Inc.
Express Scripts Inc.
Harsco Corp.
Peabody Energy Corp.
Itron Inc.
Republic Services Inc.
Yamana Gold Inc
Cameron International Corporation

All returns are historical annual compounded rates of return and reflect changes in unit value and distributions reinvested. They do not take into account sales charges or administrative fees, payable by unitholders, which would have reduced returns. Past performance does not guarantee future results. Your unit value and investment return will fluctuate. Important information about any mutual fund is contained in its simplified prospectus which should be read carefully before investing. Copies of Acuity Funds Ltd.'s prospectus are available from your investment advisor or Acuity Funds Ltd.


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