DDJ High Yield Fund announces distribution to unitholders

    TSX Symbol: HYB.UN

    TORONTO, June 18 /CNW/ - DDJ High Yield Fund (the "Fund") announced today
its quarterly distribution for the period ending June 30, 2007 of $0.30 per
unit payable on July 13, 2007 to unitholders of record as at June 29, 2007.
    The Fund's investment objective is to provide investors with a high level
of current income distributed quarterly over the life of the Fund. The Fund
will also seek capital appreciation through investing in securities with
potential for appreciation.

    The Fund, managed by CI Investments Inc., is a closed-end fund listed on
the Toronto Stock Exchange (HYB.UN) which invests in a diversified portfolio
consisting primarily of high yield debt securities issued around the world.

For further information:

For further information: CI Investments Inc., (416) 364-1145,

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