Aston Hill Financial Inc. and IA Clarington Investments Inc. launch new
investment products

CALGARY and TORONTO, July 20 /CNW/ - Aston Hill Financial Inc. ("Aston Hill"), through its wholly owned subsidiary Catapult Financial Management Inc., ("Catapult Financial"), and IA Clarington Investments Inc. (the "Manager") are pleased to announce the introduction of IA Clarington Tactical Bond Fund and Class, and the IA Clarington Energy Class. Catapult Financial Inc. will act as Sub-advisor for these new funds.

Both the IA Clarington Tactical Bond Fund and the IA Clarington Tactical Bond Class seek to achieve a steady flow of monthly income by investing in a mix of high quality Canadian fixed income securities as well as investment grade and higher yielding securities of North American corporate Issuers. As portfolio manager, Ben Cheng of Catapult Financial, has the flexibility within these portfolios to make broad adjustments in the allocation between higher yielding and higher quality securities, depending on the market outlook.

The IA Clarington Energy Class seeks to provide long-term capital growth primarily through investments in a diversified portfolio of energy, alternative energy or related companies. The Energy Class is expected to have a relatively concentrated portfolio of 40-60 holdings, and will primarily invest in equity and equity-related securities of companies of all market capitalizations that are involved in the exploration, development, production and distribution of oil and gas and other related activities in the Canadian and Global Energy resource sector. Ben Cheng and Joanne Hruska of Catapult Financial will jointly Sub-advise the Energy Class and will employ fundamental "bottom-up" analysis, seeking to identify superior investment opportunities with the potential for capital appreciation over the long term. This is accomplished by seeking out undervalued companies backed by strong management teams and solid business models that can benefit from both industry and macro-economic trends.

Aston Hill is listed on the TSX Venture Exchange under "AHF" and has over $2 billion in assets under management.

IA Clarington Investments Inc., a subsidiary of Industrial Alliance Insurance and Financial Services Inc., markets a wide range of investment products, including mutual funds and segregated funds managed by leading portfolio advisors. IA Clarington manages more than $8.1 billion in assets as at June 30, 2010.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Advisory Respecting Forward-Looking Information

This news release contains certain forward-looking information and statements (collectively "forward-looking information") within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends", "confident", "might" and similar expressions are intended to identify forward-looking information. In particular, but without limiting the foregoing, this news release contains forward-looking information pertaining to the following: (i) any benefits anticipated to be achieved by Aston Hill upon completion of the Acquisition; (ii) the ability to obtain all of the permits and regulatory approvals, and the ability to satisfy all conditions precedent, necessary for the completion of the Acquisition; (iii) the anticipated timing of closing of the Acquisition; and (iv) other expectations, beliefs, plans, goals, objectives, assumptions, information and statements about possible future events, conditions, results of operations or performance. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking information throughout this news release.

The forward-looking information included in this news release is not a guarantee of future performance and should not be unduly relied upon. Forward-looking information is based on current expectations, estimates and projections that involve a number of risks and uncertainties including but not limited to risks that required shareholder, regulatory and third party approvals and consents are not obtained on terms satisfactory to the parties within the timelines provided for in the Agreement and risks that other conditions to the completion of the Acquisition are not satisfied on the timelines set forth in the Agreement or at all. Further, achieving the benefits of the Acquisition depends in part on successfully consolidating functions and integrating operations, procedures and personnel in a timely and efficient manner, as well as Aston Hill's ability to realize the anticipated growth opportunities and synergies from combining the acquired businesses and operations with those of Aston Hill. The integration requires the dedication of substantial management effort, time and resources which may divert management's focus and resources from other strategic opportunities and from operational matters during this process. The integration process may result in the loss of key employees and the disruption of ongoing business, customer and employee relationships that may adversely affect Aston Hill's ability to achieve the anticipated benefits of the Acquisition.

Should one or more of these risks or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described in this news release as intended, planned, anticipated, believed, estimated, or expected.

Aston Hill cautions that the foregoing list of assumptions, risks and uncertainties is not exhaustive. For a more detailed description of the risks and uncertainties facing Aston Hill and its business and affairs, readers should refer to Aston Hill's interim and annual financial statements and management's discussion and analysis which are available at www.sedar.com. The forward-looking information contained in this news release speaks only as of the date of this news release, and Aston Hill assumes no obligation to publicly update or revise them to reflect new events or circumstances, except as may be required pursuant to applicable securities laws.

SOURCE Aston Hill Financial Inc.

For further information: For further information: Eric Tremblay, Chief Executive Officer, Aston Hill Financial Inc., (403) 770-4817; Ben Cheng, President, Aston Hill Financial Inc., (416) 861-9152; Joanne Hruska, Vice President, PM, Aston Hill Financial Inc., (403) 770-4814; Larry Titley, Vice President & CFO, Aston Hill Financial Inc., (403) 770-4808

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Aston Hill Financial Inc.

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