Criterion Investments files preliminary prospectus for Criterion Global Clean Energy Fund



    TORONTO, June 27 /CNW/ - Criterion Investments Limited ("Criterion")
today announces that it has filed a preliminary prospectus for Criterion
Global Clean Energy Fund ("the Fund") with securities regulators across
Canada.
    The Fund will be invested primarily in common shares and other equity
securities of selected issuers involved in the clean energy sector throughout
the world.
    Criterion believes that the clean energy sector offers attractive return
potential because, among other reasons, there is increasing pressure to reduce
carbon emissions as concerns about climate change have become prominent on the
global political agenda.

    
    The companies targeted will include:

    -  Firms in fields of resources, technology & equipment, infrastructure
       and energy efficiency that contribute to or benefit from the
       transition to less carbon-intensive energy, and

    -  Firms that focus on carbon-free energy (such as solar, wind and
       hydroelectric); low-carbon energy (such as natural gas and biofuels);
       and energy efficiency (such as power monitoring and controls and
       batteries).
    

    Pictet Asset Management SA, of Geneva, Switzerland., will serve as a
sub-advisor to the Fund. Both currency-hedged and non-hedged units of the Fund
will be offered.

    About Criterion

    Criterion is committed to creating insightful solutions for everyday
Canadian investors. Criterion combines unique investment structures with
best-in-class asset managers or strategies typically only available to large
institutions and high-net worth individuals. By doing so, it offers retail
investors opportunities for access to exclusive asset classes, enhanced yield,
tax efficiency and risk reduction. Criterion is an affiliate of VenGrowth
Asset Management Inc., one of Canada's premier managers of private equity and
alternative investments with a proven track record of success since 1982. For
more information, please visit www.criterioninvestments.com or call
1.877.789.7070

    This news release shall not constitute an offer to sell or the
solicitation of an offer to buy or shall there be any sale or any acceptance
of an offer to buy these securities in any province or territory of Canada
prior to the time a receipt of the final prospectus is obtained from such
securities regulatory authorities. Important information concerning this
offering is contained in the prospectus. Commissions, trailing commissions,
management fees and expenses all may be associated with mutual fund
investments. Please read the prospectus of the Fund before investing. Mutual
funds are not guaranteed, their values change frequently and past performance
may not be repeated.




For further information:

For further information: Media Inquiries: Angus Fisher - (416) 628-9255

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CRITERION INVESTMENTS LIMITED

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