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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Aston Hill Asset Management Inc.