Deans Knight Income and Growth Fund (DKI.UN) announces resumption of

TORONTO, Nov. 30 /CNW/ - JovFunds Management Inc. ("JovFunds"), the manager and trustee of Deans Knight Income and Growth Fund (the "Fund"), is pleased to announce the resumption of redemptions of units of the Fund which, pursuant to a August 14, 2009 press release, had been suspended for a period of up to 120 days (the "Suspension Period") as contemplated in the offering documents of the Fund.

The redemption of units of the Fund was suspended after careful consideration by JovFunds and Deans Knight Capital Management Ltd. ("Deans Knight"), the sub-advisor to the Fund, of the Fund's liquidity situation.

During the Suspension Period, Deans Knight continued to manage the Fund's portfolio and improve its liquidity. Due to these efforts and the improved overall liquidity of the Fund's portfolio, JovFunds will be terminating the suspension of redemption of units of the Fund on December 11, 2009.

Redemption requests received by JovFunds prior to the termination of the suspension of redemptions will be effected using the net asset value as at the close of business on December 14, 2009, including all requests for redemption that have been received during the Suspension Period. All such redemption requests will be paid on or before December 24, 2009. If a unitholder has already submitted a redemption request, there is no need to re-submit the request.

Any redemption requests by unitholders received after the termination of the suspension will be considered regular monthly redemption requests and will be processed accordingly.

About JovFunds Management Inc. (

JovFunds provides innovative investment solutions for Canadians through the creation, distribution and management of high quality investment products. JovFunds manages and distributes in excess of $3.7 billion in client assets, as of October 31, 2009, and is a wholly owned subsidiary of Jovian Capital Corporation (JOV:TSX).


For further information: For further information: Steven Hawkins, Managing Partner, JovFunds Management Inc., (416) 601-2442; or Martin Fabregas, Investor Relations, JovFunds Management Inc., (416) 601-2508

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