Brigata Capital Management Inc. adjusts cap on operating expenses for the Brigata Funds

OTTAWA, Jan. 20 /CNW/ - Brigata Capital Management Inc., the manager of the Brigata Funds, announced that an adjustment has been made to the level of operating expenses of the Brigata Funds that will be absorbed by Brigata Capital Management Inc. Commencing with the 2011 financial year, Brigata Capital Management Inc. intends to absorb operating expenses of the Brigata Funds in amount sufficient to ensure that the management expense ratio for each Brigata Fund will not exceed 2.50% per annum (previously 2.40%) in respect to the Series A units and 1.55% per annum (previously 1.45%)  in respect to the Series F units, plus HST.

Brigata Capital Management Inc. may stop absorbing operating expense at any time in its discretion.

Brigata Capital Management Inc. has also announced that the trailer fee payable to dealers on the average daily value of Series A units held in dealer client accounts has been reduced to 0.90% per annum.

About Brigata Capital Management Inc.
Brigata Capital Management Inc. is a Canadian mutual fund company with its head-office in Ottawa, Ontario. The company currently manages two mutual funds, the Brigata Canadian Equity Fund and the Brigata Canadian Balanced Fund.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing which summarizes the Fund's objectives, fees, expenses and associated risks. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

SOURCE Brigata Capital Management Inc.

For further information:

Vince Valenti, President
Brigata Capital Management Inc.
613-288-0572 Ext. 226

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Brigata Capital Management Inc.

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