TORONTO, Jan. 21, 2014 /CNW/ - Marret Asset Management Inc. announces
that Marret High Yield Strategies Fund (TSX: MHY.UN) will pay a
distribution in the amount of $0.05 per unit on or before each of
February 14, 2014, March 14, 2014 and April 14, 2014 to unitholders of
record January 31, 2014, February 28, 2014 and March 31, 2014,
About Marret Asset Management Inc.
Marret Asset Management Inc. is the manager of the Fund and is 65% owned
by CI Financial Corp. Marret and its experienced team of investment
professionals led by Barry Allan specialize exclusively in fixed income
and, particularly, in high yield debt strategies. 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 30 years of experience in credit and
fixed income markets.
About CI Financial Corp.
CI Financial Corp. (TSX: CIX) is an independent, Canadian-owned wealth
management company. CI offers a broad range of investment products and
services, including an industry-leading selection of investment funds,
and is on the Web at www.cifinancial.com.
This press release contains forward-looking statements and information
within the meaning of applicable securities legislation, including but
not limited to expectations regarding future distributions by the Fund.
Forward-looking statements can be identified by the expressions
"seeks", "expects", "believes", "estimates", "will", "target" and
similar expressions. The forward-looking statements are not historical
facts but reflect Marret Asset Management Inc.'s current expectations
regarding future results or events and are based on information
currently available to management. Certain material factors and
assumptions were applied in providing these forward-looking statements.
All forward-looking statements in this press release are qualified by
these cautionary statements.
Management believes that the expectations reflected in forward-looking
statements are based upon reasonable assumptions; however, management
can give no assurance that the actual results or developments will be
realized. These forward-looking statements are subject to a number of
risks and uncertainties that could cause actual results or events to
differ materially from current expectations, including the matters
discussed under "Risks Factors" in the Fund's current Annual
Information Form. Readers, therefore, should not place undue reliance
on any such forward-looking statements. Further, a forward-looking
statement speaks only as of the date on which such statement is made.
Marret Asset Management Inc. and the Fund undertake no obligation to
publicly update any such statement or to reflect new information or the
occurrence of future events or circumstances except as required by
These forward-looking statements are made as of the date of this press
SOURCE: Marret High Yield Strategies Fund
For further information:
For further information on the Fund, contact Marret Investor Relations at 416-214-5800 or email@example.com, or about Marret, go to www.marret.com