Aston Hill Asset Management Inc. Announces Fee Reductions For Four Funds

TORONTO, Nov. 22, 2012 /CNW/ - Aston Hill Asset Management Inc., the manager of Aston Hill Capital Growth Class, Aston Hill Capital Growth Fund, Aston Hill Shareholder Yield Class and Aston Hill Shareholder Yield Fund (the "Funds"), announced today that it is reducing the fees charged to each Fund by eliminating the performance fees otherwise payable by these Funds, effective immediately.

"After much discussion both internally and with our investors, we have decided that while each Fund uses investment strategies usually associated with more sophisticated investment products and performance-based compensation, we are determined to make these strategies available to our retail investors at a lower cost", said Ben Cheng, Chief Investment Officer at Aston Hill. "This decision supports Aston Hill's commitment to delivering a diverse suite of products at a reasonable cost to our clients."

About Aston Hill

Aston Hill is a wholly-owned subsidiary of Aston Hill Financial Inc. (TSX: AHF).  Aston Hill Financial is a diversified asset management company with a suite of retail mutual funds, closed-end funds, private equity funds, hedge funds and segregated institutional funds.  Aston Hill Financial also is engaged in oil and gas property management.  Aston Hill Financial has offices in Calgary and Toronto.

SOURCE: Aston Hill Asset Management Inc.

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