Marret Asset Management Inc. Is Pleased To Announce The Filing Of The Preliminary Prospectus For Marret Investment Grade Bond Fund



    TORONTO, Sept. 10 /CNW/ - Marret Asset Management Inc. announces the
filing of a preliminary prospectus for the Marret Investment Grade Bond Fund
with the securities regulatory authorities of all of the Canadian provinces.
The Fund is offering units at a price of $12.00 per unit.

    Attractive Opportunity in North American Investment Grade Bond Market

    The Fund will give Unitholders exposure to an actively managed portfolio
of approximately 20 highly liquid, North American, investment grade bonds. The
portfolio will be actively managed by Marret Asset Management Inc. With over
$3.2 billion in assets under management, Marret is Canada's largest
independent specialist credit manager. Barry Allan and Paul Sandhu will select
portfolio securities based on the following four core tenets: (1) capital
preservation; (2) high quality credit investments; (3) liquidity; and (4) full
currency hedging.

    Investment Objectives

    The Fund will seek to achieve the following investment objectives: (i) to
provide unitholders with attractive monthly tax advantaged cash distributions,
initially targeted to be 5% per annum on the original issue price of $12.00
per Unit; and (ii) to maximize total returns for unitholders, consisting
primarily of tax-advantaged distributions, while reducing risk and preserving
capital.

    Marret Asset Management Inc.

    Marret Asset Management Inc. is an employee-owned firm based in Toronto
that manages or subadvises approximately $3.2 billion in Investment Grade Bond
and high yield debt assets. Marret and its experienced team of investment
professionals led by Barry Allan specialize exclusively in fixed income
investments. Barry Allan, the President and Chief Investment Officer, founded
Marret in 2000, following a career at Altamira, Nesbitt Thomson and a Canadian
chartered bank. Mr. Allan has over 25 years of experience in credit and fixed
income markets. Paul Sandhu, who focuses exclusively on investment grade bonds
for Marret, has over 28 years of experience in both domestic and international
fixed income markets. The syndicate of agents for the offering is being led by
RBC Capital Markets and includes CIBC, TD Securities Inc., GMP Securities
L.P., BMO Capital Markets, Dundee Securities Corporation, National Bank
Financial Inc., Scotia Capital Inc., Blackmont Capital Inc., Canaccord Adams,
HSBC Securities (Canada) Inc., Raymond James Ltd., Wellington West Capital
Markets Inc., Laurentian Bank Securities Inc. and Manulife Securities
Incorporated.





For further information:

For further information: Marret Asset Management Inc. at (416) 214-5800

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Marret Asset Management Inc.

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