Acuity Funds Ltd. yesterday 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 4¢ 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 6¢ 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,” said Stephen Crawford, national sales manager, in a news release.

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 15 Acuity Pooled Funds, 12 Acuity Mutual Funds, three Acuity Clean Environment Funds, two Acuity Social Values Mutual Funds, and five Acuity (TSX listed) Closed End Funds.