TORONTO, Feb. 14, 2012 /CNW/ - Crown Hill Capital Corporation ("Crown Hill"), the manager and trustee of Energy Income Fund (the "Fund") announced today that up to 1,000,000 (one million) units of the Fund
("Units") may be redeemed on March 20, 2012 for an amount per Unit equal to the
transactional net asset value per Unit as of March 15, 2012.
Beneficial holders of Units must submit their request to redeem Units by
no later than March 14, 2012. The redemption will take place pursuant
to the procedures of CDS Clearing and Depository Services Inc.
Beneficial holders of Units should contact their broker with any
questions regarding how to provide their request for redemption.
In the event that the requests for redemptions exceed 1,000,000 (one
million) Units, Units will be redeemed on a pro rata basis.
The transactional net asset value is the net asset value of the Fund
calculated using the bid price for the portfolio. Crown Hill believes
that the transactional net asset value of the Fund is not materially
different than the reported net asset value of the Fund.
Certain statements contained in this press release may include
forward-looking information with respect to the Fund's operations and
future financial results. Such statements are based on current
expectations, are subject to a number of uncertainties and risks, and
actual results may differ materially from those contained in such
statements. Further information can be found in the disclosure
documents filed by the Fund at www.sedar.com.
SOURCE Energy Income Fund
For further information:
please contact the Investor Relations department at 416.361.9673 or toll-free at 1.877.261.9674.