Morguard Real Estate Equity Fund Now Available on FundSERV

May 16, 2012

TORONTO, May 16, 2012 /CNW/ - Morguard Financial is pleased to announce their real estate equity product, the Morguard Real Estate Fund, is now listed and available to Canadian accredited investors through FundSERV. Established in December 2006, the Morguard Real Estate Fund is managed by the same award-wining portfolio management team at the helm of the CIBC Canadian Real Estate Mutual Fund, back-to-back winner of the Thomson Reuters Lipper Award for Best Fund over 3 Years (in 2012) and Best Fund over 1 Year (in 2011) in the Canadian Real Estate Equity category. Morguard Financial is pleased to make the Morguard Real Estate Fund more accessible to accredited investors through the offering of the Class B Units on FundSERV. New investors may now purchase units through their wealth advisors, simplifying the investment process.

About Morguard Financial Corp. - www.morguard.com 
Morguard Financial is a wholly-owned subsidiary of Morguard Corporation ("Morguard") one of Canada's leading real estate investment advisory firms. With over $11.4 billion in real estate assets owned and under management, Morguard's dominant position in real estate markets across Canada combined with its depth of experience in all commercial asset classes provides Morguard Financial's portfolio management group with local insight and real time market intelligence.  Investment decisions are based on top-down bottom-up analysis and a thorough understanding of the companies in which the group invests. In addition to the Morguard Real Estate Fund, Morguard Financial also manages the CIBC Canadian Real Estate Mutual Fund and the Morguard Sunstone Real Estate Income Fund for retail investors, and separate accounts on behalf of institutional investors.

For further information:

Charles Dillingham Vice President/Portfolio Manager at cdillingham@morguard.com
Derek Warren, Portfolio Manager at dwarren@morguard.com
Kate MacDonald, Associate Portfolio Manager at kmacdonald@morguard.com.