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 email@example.com, or about Marret, go to www.marret.com