ROI Capital - Mutual Fund Name Change



    TORONTO, Oct. 19 /CNW/ - Return On Innovation Capital Ltd. (ROI)
announces name change for three mutual funds, effective today.

    
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    Current Name                          New Name
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    ROI Sceptre Canadian Pension Fund     ROI Canadian Retirement Fund
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    ROI Global Pension Fund               ROI Global Retirement Fund
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    Sceptre Income & High Growth Trust    ROI Sceptre Retirement Growth Fund
    -------------------------------------------------------------------------
    

    The name change was completed as part of the conversion of the Sceptre
Income & High Growth Trust from Sceptre Investment Counsel to ROI Capital.
    The ROI Retirement Funds' investment objectives and investment philosophy
remain the same. The Family of Funds provides investors with a more
diversified asset mix that includes private placements, which are uncorrelated
to public markets. The Funds also offer a choice of flexible cash flow
solutions with a high level of tax efficiency that meet the changing cash flow
needs of investors.

    About ROI Capital Ltd.
    ----------------------
    ROI Capital specializes in private-placement lending. Private placement
loans are made to established companies who pay back principal and interest.
This form of investment is uncorrelated to the public markets, and can be
found within all of ROI Capital's Family of Funds: ROI Fund, ROI Canadian
Retirement Fund, ROI Global Retirement Fund, ROI Sceptre Retirement Growth
Fund and the ROI High Yield Private Placement Fund. ROI Capital is the first
company to bring this strong investment combination to the retail market. ROI
has also partnered with three leading institutional managers: Sceptre
Investment Counsel, Wentworth, Hauser, & Violich and Johnston Asset
Management. By combining private and public investments, ROI Capital is able
to offer investors more diversification than exists with typical mutual funds.
    All funds are not the same...

    %SEDAR: 00023435E




For further information:

For further information: Jasmina Jhooti, Director Operations, ROI
Capital Limited, (416) 361-6162 ext. 101, www.roicapital.ca

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ROI Capital

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