Marret Multi-Strategy Income Fund announces annual redemption results

TSX SYMBOL: MMF.UN

TORONTO, Dec. 3, 2012 /CNW/ - Marret Multi-Strategy Income Fund (the "Fund") announced that 4,765,232 Class A units and 137,583 Class F units, representing approximately 31.55% and .91%, respectively, of the current issued and outstanding units of such class,  have been tendered for redemption on the Fund's annual redemption date of December 31, 2012 (the "Redemption Date").

Payment of the redemption proceeds will be made on or before January 15, 2013 at a redemption price equal to 100% of the net asset value per unit of that class of units on the Redemption Date, less costs associated with the redemption, including commissions and other such costs, if any, relating to the partial settlement of the Forward Agreement to fund such redemption.

About Marret Asset Management Inc.

Marret Asset Management Inc. is an employee-owned firm based in Toronto and has over $6 billion of assets under management. 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.

SOURCE: Marret Multi-Strategy Income Fund

For further information:

For further information on the Fund, contact Marret Investor Relations at 416-214-5800 or investors@marret.com, or about Marret, go to www.marret.com

Profil de l'entreprise

Marret Multi-Strategy Income Fund

Renseignements sur cet organisme


FORFAITS PERSONNALISÉS

Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .

ADHÉSION À CNW

Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.

RENSEIGNEZ-VOUS SUR LES SERVICES DE CNW

Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.