Aston Hill Asset Management Inc. Declares Distributions

TORONTO, July 20, 2016 /CNW/ - Aston Hill Asset Management Inc. (the "Manager") announces monthly distributions with record date of July 29, 2016 for each of the following funds:

Fund Name	TSX Ticker	Distribution Amount per Unit	Distribution Amount Annualized	Price*	Current Yield*
Aston Hill Advantage Oil & Gas Income Fund	AOG.UN	$0.01125	$0.135	$2.73	4.95%
Aston Hill Advantage VIP Income Fund	AV.UN	$0.035	$0.42	$10.41	4.03%
Aston Hill VIP Income Fund	VIP.UN	$0.035	$0.42	$9.49	4.43%
Aston Hill Advantage Bond Fund  (Class A & F)	MBB.UN	$0.05833	$0.70	$8.75	8.00%

*TSX price as at July 19, 2016. Prices and yields shown are for Class A units only unless specified otherwise.

Record dates and payment dates are as follows:

Record Date	Payment Date
July 29, 2016	August 15, 2016

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, hedge funds and segregated institutional funds. Aston Hill Financial is headquartered in Toronto.

SOURCE Aston Hill Asset Management Inc.

For further information: please contact your financial advisor, call Aston Hill's Sales and Marketing support line at 416-583-2300 (toll-free at 1-800-513-3868), or visit our website at www.astonhill.ca.