TORONTO, April 23, 2013 /CNW/ - Aston Hill Asset Management Inc. (the
"Manager"), the manager of Aston Hill Money Market Fund (the "Fund"),
announced that, subject to receiving the approval of its unitholders,
the investment objective of the Fund will change in order to permit the
Fund to seek to provide current income that is consistent with
preservation of capital and liquidity by investing primarily in short
duration fixed income securities. If approved, the annual management
fees charged to the Fund in respect of its Series A units and Series F
units also will change to 1.40% and 0.90%, respectively. A special
meeting of the unitholders of the Fund will be convened on or about May
22, 2013 to approve the changes and, if approved, will take effect
Additional information concerning the Fund, including the proposed
investment objective change, is available at www.astonhill.ca and www.sedar.com.
About Aston Hill
The Manager is a wholly-owned subsidiary of Aston Hill Financial Inc.
(TSX: AHF). Aston Hill Financial Inc. 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 is also engaged in the administration of Argent Energy
Trust (TSX: AET.UN). Aston Hill Financial has offices in Calgary,
Toronto and Halifax.
SOURCE: Aston Hill Asset Management Inc.
For further information:
Michael J. Killeen
Aston Hill Asset Management Inc.