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Dec 6: Ethical Canadian Dividend Fund wins Imagine SRI Award

Ethical Canadian Dividend Fund wins Imagine Socially Responsible Investment Award

Vancouver BC, December 6, 2004 – The Ethical Funds Company - one of the partner companies of Vancity’s online brokerage service, Credential Direct – received the Imagine Socially Responsible Investment Fund Award for the Ethical Canadian Dividend Fund at the Canadian Investment Awards gala held on December 3rd in Toronto. The award recognizes the best performing socially responsible investment (SRI) fund in Canada.

The Ethical Funds Company won the award on the strength of its screening and research, shareholder advocacy program, and support of community economic development through its association with the Canadian credit union system. The award also recognizes the leadership position the firm has taken with respect to SRI practices, and the commitment they’ve made to the SRI industry as a whole.

“As pleased as we are to be the first recipient of this Imagine Award, we are equally pleased that there is a new Canadian award recognizing socially responsible investments,” said Don Rolfe, President and CEO, The Ethical Funds Company. “SRI is about raising the bar on corporate social and environmental performance, which is becoming more of a mainstream idea as we look toward the future.”

Started in 1988, Imagine is Canada’s national program to promote public and corporate giving, volunteering, and support for the community. Imagine sets benchmarks for business leadership and works to encourage and promote collaborative partnerships between the corporate and charitable sectors.

The Canadian Investment Awards Program is the only event to provide a forum to recognize leading individuals and firms illustrating an enduring commitment to excellence within the Canadian financial services industry.

Senior leaders from the business and nonprofit sector judged all Socially Responsible Award submissions.

Launched in 1992, The Ethical Funds Company is Canada’s leading manager of socially responsible mutual funds with approximately $1.5 billion in assets under management. In addition to evaluating all investments according to their financial, social, and environmental performance and outlook, The Ethical Funds Company works with companies, industry, regulatory, and like-minded organizations to encourage corporate accountability, sustainability, and market integrity.

Credential Direct is an online brokerage service that provides credit union members and independent investors access to self-managed investment services. Launched in 2000, Credential Direct enables investors to access powerful online trading tools and investment research directly, or through their credit union’s Internet portal. Credential Direct is a division of Credential Securities Inc.

Brokerage services are offered through Credential Direct, a division of Credential Securities Inc., operating as a separate business unit. Credential Securities Inc. is a Member-CIPF. ®Credential and Credential Direct are registered marks owned by Credential Financial Inc, and are used under licence.