Aston Hill Financial Inc. announces the launch of new corporate class funds along with new money market fund, and the rebranding of the recently acquired Brompton Funds

TORONTO, Sept. 12, 2011 /CNW/ - Aston Hill Financial Inc. ("Aston Hill") today announced that it has successfully launched new corporate class versions of its existing mutual funds, along with a new money market fund.  In addition, Aston Hill announced that it has changed the names of the recently acquired Brompton closed-end funds, in each case replacing "Brompton" with "Aston Hill".  The chart below summarizes the name changes.

New Funds

The launch of the new corporate class funds and the new money market fund is another key step in positioning Aston Hill as a go-to brand for its investors and financial advisors.  This new launch comes on the heels of the successful conversion of Aston Hill Capital Growth Fund and Aston Hill Global Convertible Bond Fund (each formerly closed-end funds) to mutual funds.

"This launch will give our investors the benefit of stronger, more streamlined, tax efficient fund lineup.  The new corporate class funds offer our investors the ability to rebalance their portfolios without triggering a taxable event," said Michael J. Killeen, President of Aston Hill Asset Management Inc.

Aston Hill's current retail mutual fund line up, including the new corporate class versions, offered under the consolidated simplified prospectus dated August 11, 2011 (found on www.astonhill.ca), is:

Fund Name Corporate Class Version Classification
Aston Hill Capital Growth Fund Aston Hill Capital Growth Class North American Equity Fund
Aston Hill Global Resource Fund Aston Hill Global Resource Class Natural Resource Equity Fund
Aston Hill Global Convertible Bond Fund Aston Hill Global Convertible Bond Class Global Fixed Income Fund
Aston Hill Growth & Income Fund Aston Hill Growth & Income Class Tactical Balanced Fund
Aston Hill Money Market Fund Aston Hill Money Market Class Canadian Money Market Fund

Fund Name Changes

The recently acquired Brompton funds have changed their names as follows:

Former Name New Name
Brompton VIP Income Fund Aston Hill VIP Income Fund
Brompton Oil & Gas Income Fund Aston Hill Oil & Gas Income Fund
Brompton Advantaged Oil & Gas Income Fund Aston Hill Advantage Oil & Gas Income Fund
Brompton Advantaged VIP Income Fund Aston Hill Advantage VIP Income Fund
Global Uranium Fund Inc. Aston Hill Global Uranium Fund Inc.
Manulife Brompton Advantaged Bond Fund Aston Hill Advantage Bond Fund
Senior Gold Producers Income Corp. Aston Hill Senior Gold Producers Income Corp.

Aston Hill Financial Inc. (TSX-V: AHF) is a Canadian-owned investment management company with assets under management of approximately $5.8 billion, as of August 12, 2011.  In addition to the above fund line up, Aston Hill also offers expertise in income products, energy investments, oil and gas property management and private equity.

SOURCE Aston Hill Asset Management Inc.

For further information:

Michael J. Killeen
President
Aston Hill Asset Management Inc.
Aston Hill Management Limited
(416) 362-4999

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Aston Hill Asset Management Inc.

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Aston Hill Financial Inc.

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