O'Leary Funds Management LP announces shareholders' approval of merger proposal of O'Leary Strategic Yield Advantaged Class and O'Leary Strategic Yield Plus Fund

MONTREAL, July 8, 2013 /CNW Telbec/ - O'Leary Funds Management LP, the manager (the "Manager") of O'Leary Strategic Yield Advantaged Class ("OSY") and O'Leary Strategic Yield Plus Fund ("OFS", and together with OSY, the "Funds") is pleased to announce that the shareholders of OSY have approved the proposed merger of OSY into OFS (the "Merger") at a special meeting held on June 28, 2013.  Regulatory approval is pending. Details of the Merger were outlined in an information circular dated June 4, 2013 that was sent to the shareholders of OSY.

O'Leary Funds Management LP is a Canadian investment fund manager of mutual funds and closed-end funds striving to provide Canadian investors with reliable and strategic income solutions. Based on our value-yield investment philosophy, Canadian and global investment opportunities are identified through a disciplined investment process. Our core principles, Income, Capital Appreciation and Capital Preservation, are driven by each portfolios investment objectives. Our portfolios are diversified by sector, region and asset class. For more details about O'Leary Funds, visit www.olearyfunds.com.

SOURCE: O'Leary Funds Management LP

For further information:

for media inquiries or additional information, please contact Louise Anne Poirier, Investor Relations at info@olearyfunds.com or at 877-849-2004 or 514-849-1056.

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