Canadian High Yield Focus Fund Announces NAV Error

TORONTO, Jan. 20, 2014 /CNW/ - Canadian High Yield Focus Fund (TSX: CAH.UN) (the "Fund") announced today that the estimated net asset value per unit (NAV) of the Fund was misstated from November 27, 2013 to January 8, 2014.   The misstatement was caused by a third-party processing error and was identified by Propel Capital Corporation, the manager of the Fund. The NAVs were subsequently recalculated and were lower than the reported NAV throughout the period, with the maximum difference being $0.06 on a reported NAV of $11.17, for a difference of 0.57%.  There were no subscriptions or redemptions at the originally-published NAVs.

SOURCE Canadian High Yield Focus Fund

For further information:

please call Krista Matheson, Senior Vice President, Propel Capital at 416-572-2431 or visit