FOR IMMEDIATE RELEASE ACUITY FUNDS LTD. LAUNCHES THREE NEW MUTUAL FUNDS TORONTO, October 25, 2006: Acuity Funds Ltd. today announced the addition of three new mandates to its family of funds to accommodate a growing demand for distribution paying global investments and for a fund focused on natural resources. The Acuity Global High Income Mutual Fund invests primarily in a diversified portfolio of interest bearing, dividend-paying or distribution-paying securities from around the world. The initial annualized distribution of 4.8% equates to a monthly distribution of $0.04 per unit. The Acuity Global Dividend Fund invests primarily in a diversified portfolio of dividend-paying equity securities located around the world. The initial annualized distribution of 2.4% equates to a quarterly distribution of $0.06 per unit. The Acuity Natural Resource Fund invests primarily in equity securities of a diversified group of companies engaged either directly or indirectly in the natural resource sector. “There have been many Financial Advisors asking for global funds that have a regular distribution. We have also seen a great deal of demand for a fund focused on natural resources”, states Stephen Crawford, National Sales Manager. All three of these funds are available in Class A and Class F Units. Class A units may be purchased under the initial sales charge, level load or the deferred sales charge option. Acuity Investment Management Inc., the Investment Advisor, currently manages approximately $8.5 billion in assets on behalf of Pension Funds, Foundations and high- net-worth individuals, including fifteen Acuity Pooled Funds, twelve Acuity Mutual Funds, three Acuity Clean Environment Funds, two Acuity Social Values Mutual Funds, and five Acuity (TSX listed) Closed End Funds. For additional information, please contact: Stephen J. Crawford Senior Vice President, National Sales Acuity Funds Ltd. 1-800-461-4570 Stephen_Crawford@acuityfunds.com Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.